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Carlsberg announces plans to sell Russian business before summer

Carlsberg Group announced the decision to sell all its assets in Russia last March

STOCKHOLM, March 7. /TASS/. Carlsberg Group plans to sell all the assets in Russia before summer, the Danish brewing company said in its statement released in connection with the decision of company CEO Cees ’t Hart to step down from the office by the end of the third quarter of this year.

"Staying on board for another half a year will allow me and the team to continue delivering on our challenging plans for 2023 and accomplishing the sale of the Russian business before the summer," the top manager said, cited by the company.

Carlsberg Group announced the decision to sell all its assets in Russia last March. The company halted investments and exports to Russia and stopped production, sales and advertising of the Carlsberg brand at the same time.