Heineken is the third-largest brewer in Russia.

Heineken & Carlsberg to Leave Russia Permanently

Hanh Dinh, 30.03.2022

Brewing giants Heineken and Carlsberg have both announced they will exit their Russian businesses for good.

Heineken, the world's second-biggest brewer, has decided to take €400 million/$446 million hit to sell off its Russian-based businesses. Following a strategic review, Heineken says its ownership of its Russian business is “no longer sustainable nor viable in the current environment”.