Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Global Spirits is the global leading manufacturer of alcoholic beverages, the biggest international alcohol holding company in Eastern Europe. The company was established in 2008. Today it combines the core spirit production businesses of Ukraine and the USA.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedThe Ministry of Finance of Russia is preparing to nationalize assets that previously belonged to Evgeny Chernyak's international alcohol holding Global Spirits.
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.