No sales until mid-2023
According to Carlsberg, it will not officially be out of Russia until mid-2023, according to the company’s expectations.
This is despite the fact that the Danish brewing giant said back in March 2022 that it would be out within a year.
“We will take the necessary time to complete the separation and divestment to seek the best possible outcome
solution for all stakeholders, especially our more than 8,000 employees and our shareholders. An
the tender process is expected to commence in Q1 2023 and we aim to sign a divestiture
agreement by mid-2023,” wrote Carlsberg in its annual report for 2022.
Source: The Nordic Page