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Heineken sells its Russian operations for 1 euro, taking a 300-million-euro hit

In March last year, Heineken had said it was quitting Russia as its business there was “no longer sustainable nor viable in the current environment.

AP Business SummaryBrief at 8:04 a m EDT

Dutch Brewer Heineken Sells Its Russian Operations For 1 Euro

Dutch brewer Heineken says it has completed its withdrawal from Russia, 18 months after Moscow launched its full-scale invasion of Ukraine.

Heineken sells Russian business for €1 at loss of £256m

Heineken sells Russian business for €1 at loss of £256m
standard.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standard.co.uk Daily Mail and Mail on Sunday newspapers.

Heineken exits Russia with one-euro sale of operations

Dutch brewer Heineken said on Friday it had completed its exit from Russia by selling its operations there to Russia s Arnest Group for a symbolic one euro. The world s second largest.

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