STOCKHOLM, March 28. /TASS/. Denmark’s Carlsberg Group will leave Russia, the brewing company said on Monday in its press release.

"On 9 March, we announced a strategic review of the Carlsberg Group’s presence in Russia. Based on this review, we have taken the difficult and immediate decision to seek a full disposal of our business in Russia, which we believe is the right thing to do in the current environment. Upon completion we will have no presence in Russia," Carlsberg said.

It was already announced earlier that Carlsberg beer will not be produced and sold in Russia. Baltika breweries owned by Carlsberg will continue operations in Russia at the same time.

"As a result of this decision, our business in Russia will no longer be included in the Group’s revenue and operating profit. From an accounting perspective, the business will be treated as an asset held for sale until completion of the disposal," the company added.