💰 Heineken says it still plans to exit Russia, take 300 million euro loss

TL;DR

The story by investigative website Follow The Money reported that Heineken is still operating in Russia, including by selling its non-Heineken international brands such as Amstel, and by launching new products. "We’re working hard to transfer our business to a viable buyer in very challenging circumstances and at significant financial loss to the company," Heineken said in a statement. "There is no exchange of funds between Heineken and our local business in Russia, and we do not receive any dividends or royalties

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