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Heineken sells Russia assets to Arnest Group for €1

Heineken has sold its operations in Russia to domestic FMCG giant Arnest Group for €1 ($1.1) following government approval.

Souza shutterstockArnest groupIlton rogerio de souza

Heineken to invest $300m in two Brazil breweries

Heineken is set to invest 1.5bn reais ($302.4m) into two breweries in north-east Brazil to expand production of three of its beer brands.

Estado de pernambucoUnited statesMinas geraisPedro leopoldoSouza shutterstockHeineken brasilMauricio giamellaroIlton rogerio de souzaHeineken brazil mauricio giamellaro

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