Carlsberg’s CEO has accused the Russian government of stealing his business. “They stole our business in Russia,” said Jacob Aarup-Andersen. Previously, the Danish company’s share in Baltika was transferred to the management of the Federal Property Management Agency.
The head of Danish corporation Carlsberg issued a statement accusing Russian authorities of stealing his business.
“We cannot ignore the fact that our business was stolen from us in Russia,” Aarup-Andersen was quoted as saying by Reuters.
In July, by decree of Russian President Vladimir Putin, Carlsberg’s stake in the Baltika brewery was placed under the temporary management of the Federal Property Management Agency.
Speaking about the business transfer, Aarup-Andersen noted that Carlsberg “is not going to help legitimize it.” He also added that Baltika will lose the rights to sell products under the Carlsberg brand upon expiration of the licensing agreements, i.e. after April 1, 2024.
Previously, the court prohibited Rospatent from restricting Baltika’s rights to the Carlsberg Group’s international trademarks.
Author:
Kirill Bilyk
Source: RB
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