Heineken pledged last year to quit Russia, but drew criticism earlier this year after a Dutch investigative website reported that it was continuing its Russian sales. After the sale, all remaining assets including seven breweries in Russia will transfer to the new owners, Heineken said Dutch brewer Heineken on Friday announced it was exiting Russia after selling its operations to …
The world’s second largest brewer sold its business in Russia for just 1 euro, months after announcing its exit. Dutch brewer Heineken has completed its withdrawal from Russia, 18 months after Moscow launched its full-scale invasion of Ukraine, selling its business in Russia for just 1 euro. In March last year, Heineken had said it was quitting Russia as its …
Sony Group, which owns PlayStation, said in a statement that its video game unit “joins the global community in calling for peace in Ukraine” as it announced it had suspended operations in Russia. Heineken, the world’s second-biggest beer company, said Wednesday it was stopping the production, advertising and sale of its namesake brand in Russia “in response to the continued …
The coronavirus pandemic is also hitting Heineken and the Dutch beer giant is looking to cut costs. The brewer wants to reduce personnel costs at its head office and regional offices by 20 percent, which means hundreds of jobs are at risk, Heineken announced at the presentation of its third quarter figures on Wednesday, RTL Nieuws reports. Exactly how many …