Stop Doing
Business with Russia

Exit Russian operations. BAT said it was in advanced discussions with a "joint management distributor consortium" on the sale of its businesses in Russia and Belarus, but did not reveal the identity of the party or divulge further details on the talks. British American Tobacco p.l.c. said it has now formally entered into an agreement to sell its Russian and Belarusian businesses. The buyer is a consortium led by members of BAT Russia's management team. Post completion, the businesses will be known as the ITMS Group. British American Tobacco p.l.c. said it has now formally entered into an agreement to sell its Russian and Belarusian businesses. The buyer is a consortium led by members of BAT Russia's management team. Post completion, the businesses will be known as the ITMS Group. "Further to our announcement on 7 September 2023, we have now completed the sale of our Russian and Belarusian businesses. The sale has been carried out in compliance with local and international laws and follows the receipt of all necessary approvals."

Will exit the Russian market and take a substantial non-cash impairment charge. 03.06.2022: Renamed from "CARLSBERG VOSTOCHNAYA EUROPA" LLC to "HOPPI UNION" LLC. Dragging feet on exiting Russia. Carlsberg on June 23, 2023 has signed an agreement to sell its Russian business. Russia seizes control of shares in Danone and Carlsberg subsidiaries. Carlsberg writes off value of Russian operation. Baltika filed a lawsuit to recover damages of 6.24 billion Danish kroner, or 84.1 billion rubles, from Carlsberg Group structures. The St. Petersburg court accepted Baltika's claim against Carlsberg for $900 million in damages. Baltika has acquired the rights to Zatecky Gus. The company's international and local brands have become part of a conflict with Carlsberg Group after the latter's business was transferred to the management of the Federal Property Management Agency. Russia approves $320 mln sale of Carlsberg assets to local businessmen, document shows. Russia's government has approved the sale of Danish brewer Carlsberg's, opens new tab assets in Russia to VG Invest, a local firm with links to brewery holdings, for 34 billion roubles ($320.75 million), a government document seen by Reuters showed.

27.04.2022: Ivanov Konstantin Igorevich becomes the new founder of the organization, Kobzev Alexander Mikhailovich becomes the new founder of the organization, Alexander Igorevich Naumov becomes the new founder of the organization, Bronetsky Sergey Alexandrovich becomes the new founder of the organization. The record about the founder "REEMTMSA CIGARETTENFABRIKEN GESELLSCHAFT MIT BESCHRANKTER HAFTUNG" / "REEMTMSA CIGARETTENFABRIKEN GESELLSCHAFT MIT BESCHRANKTER HAFTUNG" and "IMPERIAL TOBACCO HOLDINGS (NETHERLANDS) BV" / "IMPERIAL TOBACCO HOLDINGS (NETHERLANDS) BV" was deleted

CEO Dolf van den Brink said Heineken was aiming to sell the Russian operations, which still employ around 1,800 people, in the first half of this year – but suggested the process could take longer than initially thought. It pulled its eponymous beer from Russia last year, but continues to sell other brands there. Heineken Seeks Approval For Sale Of Russian Business. Heineken blamed the delay in its Russia exit on local bureaucracy that it said was beyond its control, and reiterated it still planned to exit the country. Increased revenue, profit and assets in 2022 vs 2021. HEINEKEN N.V. announces completion of the transaction to sell its Russia operations to Arnest Group. The transaction has received all the required approvals and concludes the process HEINEKEN initiated in March 2022 to exit Russia, incurring an expected total cumulative loss of €300m. 09.2023: ARNEST MANAGEMENT LLC becomes the new founder of the organization. EVEREST JSC becomes the new founder of the organization. The entry about the founder of HEINEKEN DEUTSCHLAND GMBH has been deleted. The entry about the founder of HEINEKEN INTERNATIONAL B.V. has been deleted.

Suspended all shipments to Russia. 28.07.2023: The legal entity was liquidated.

The Velikoustyug District Court of the Vologda Region has recognized Ukrainian oligarchs Natalia Bondareva and Svyatoslav Nechitailo, as well as Yuriy Moklyak, who manages their assets in Russia, as extremists. The vodka assets of the largest Ukrainian alcohol company, Bayadera Group (which produces, among other things, Vozdukh and Perepelka vodkas), which they own in the Russian Federation and which are worth more than 9 billion rubles, have been transferred to the state by a court decision. The reason for this was the participation of entrepreneurs in financing the Armed Forces of Ukraine. We changed status for "exited" for Ukrainian company Bayadera Group which were seized before as there are very low chances that former owners will be able to get it back.

After February 24, 2022, Global Spirits revoked licenses for the production and distribution of products on the Russian market. Russian factories, where its products were previously produced, are now producing alcohol under new brands adapted for Russia. The IT systems belonging to the previous owners were locked down. According to the SBU materials, alcohol magnate Yevgeny Chernyak has been charged with suspicion - the Security Service of Ukraine. The Russian Prosecutor General's Office demanded that the assets of the alcohol holding Global Spirits, which before the war in Ukraine produced the popular vodka brands Khortytsya, Morosha and Pervak in the country, be transferred to state ownership. The Leninsky District Court of Kursk satisfied the administrative claim of the Prosecutor General's Office of the Russian Federation to convert the assets of the Global Spirits alcohol holding (vodka brands Khortitsa, Pervak ​​and Shustov), ​​owned by Ukrainian businessman Evgeniy Chernyak, into state income.