date:Mar 07, 2014
in recent days as shares of the Moscow-listed state oil company fell.
Even so, brand-name consumer companies also have a great deal at stake in Russia, which has attracted them because of its long-term economic prospects and growing middle class. With few acquisition targets in other emerging markets, some companies have made big bets there in an effort to keep up with peers.
Denmarks' Carlsberg doubled down on the Russian market in 2008, when it bought the 50 percent of Baltic Beverage Holdi