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Carlsberg A/S (0AI3.L)
- Financial Times
Transcript: What the Dutch far-right win means for the EU
Today is Friday, November 24th, and this is your FT News Briefing. Plus, Carlsberg’s Russian staff are arrested. It’s a victory for Europe’s far right this week as Dutch anti-immigration leader, Geert Wilders, won the most votes in his country’s general election.
- Financial Times
Ex-Carlsberg executives detained in Russia over fraud claims
Arrests come amid legal tussle between Danish brewer and Kremlin-backed managers over brand licensing rights
- Reuters
Russian court grants unspecified 'interim measures' as Baltika sues Carlsberg
A court in St Petersburg has imposed unspecified "interim measures" against Carlsberg in favour of Baltika Breweries, court filings showed, after the Danish brewer stopped licensing its brands in Russia this month. Russian President Vladimir Putin ordered the temporary seizure of Carlsberg's stake in the Russian brewer Baltika in July, along with French yoghurt maker Danone's Russian subsidiary, demonstrating the risks for Western companies that have not managed to exit Russia since its invasion of Ukraine. Carlsberg subsequently told Baltika that the licence agreements enabling it to produce, market and sell all Carlsberg Group products, including international and regional brands, had been terminated.
