date:Mar 30, 2022
s for an orderly transfer of its local business, which accounts for just 2% of overall sales. The Dutch brewer scaled back its operations during a transition period to reduce the risk of nationalization.
The company anticipates related charges of around 400 million (US$438 million), while affirming it would guarantee the paychecks of its 1,800 Russia-based employees until the end of the year.
We have concluded that Heineken's ownership of the business in Russia is no longer sustainable nor via