Heineken withdraws from the Russian market

The company has already stopped selling and producing beer in Russia and has suspended its investments and exports to Russia. 

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The Dutch brewery Heineken announced on Monday that it was withdrawing from Russia due to the Russian invasion of Ukraine. The company has already stopped selling and producing beer in Russia and has suspended its investments and exports to Russia.

"We are shocked and deeply saddened to see the war in Ukraine unfold and intensify," the brewery was quoted as saying by Reuters. environment. "Therefore, we have decided to leave Russia."

Heineken clarifies that it will arrange a "proper transfer" of its activities to a new owner, in compliance with international and local laws, and that it will not make a profit from this transaction, which will cost the company 400 million euros. In addition, he notes that the company is entering a transitional period of reduced operation to reduce the risk of nationalization and ensure the well-being of its employees.

"In any case, we guarantee that the salaries of our 1.800 employees will be paid by the end of 2022 and we will make every effort to ensure their future employment," the Dutch company concludes.