MOSCOW, August 19. /TASS/. Denmark’s Carlsberg Group doesn’t plan to close its plants in Russia despite a decline in profits in the first half of 2015 and unfavorable economic situation in the country, the company’s financial director Jorn Jensen told reporters on Wednesday.
In the beginning of the year, the Baltika company (part of Carlsberg Group) was forced to stop the activities of two of its ten breweries in the Russian cities of Chelyabinsk and Krasnoyarsk. According to the company, these measures failed to fully neutralize the rise in prices for raw materials in the reporting period.
In the first half of 2015, net income of Baltika in Eastern Europe decreased by 3%. According to the company, due to the difficult macroeconomic situation in the country in the first half of 2015 the Russian beer market declined by 9% compared to the same period last year.