Beverage Brands at Risk in Russia Standoff
date:Mar 07, 2014
ngs it didn't already own through its acquisition of Scottish Newcastle. In its most recent report, Carlsberg said it has a 39 percent share of the Russian beer market. The company's Eastern Europe division, which is mainly Russia, accounts for more than 40 percent of the company's operating profit.

Regulations in Russia have already caused headaches for Carlsberg. Not long after Carlsberg got the full stake in Baltic Beverage, the government raised taxes on beer and later prohibited sales in
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