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Tag "Baltika Breweries"

Carlsberg Extends Ownership of Baltika Breweries

    Carlsberg Extends Ownership of Baltika Breweries

Carlsberg Group has acquired a 12.1% stake in Baltika Breweries for an undisclosed sum to increase its ownership of the Russian brewer to 96.8%. When the necessary administrative steps have been completed Carlsberg Group intends to launch a compulsory purchase of the remaining outstanding shares in Baltika Breweries.
Russiais the world’s fourth largest beer market and […]

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MICEX Approves Delisting of Baltika Breweries

    MICEX Approves Delisting of Baltika Breweries

Baltika Breweries has been informed by MICEX that its application for a delisting of its shares has been approved. The last day of trading in Baltika Breweries shares on the MICEX Stock Exchange will be 4 October 2012. After that date trading in the Baltika Breweries shares will no longer be possible on a stock […]

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Carlsberg to Delist Baltika

    Carlsberg to Delist Baltika

Baltika Breweries has filed an application to have its shares delisted from the Russian stock exchange as soon as possible. The delisting reflects Carlsberg Group’s aim to increase its ownership in the Russian brewer from around 85% to 100%. The move is costing up to DKr6.5 billion with a net cost for the Carlsberg Group […]

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Carlsberg is Global Leader in Environmental Management

    Carlsberg is Global Leader in Environmental Management

2011 was a defining year for the Carlsberg Group in terms of driving, accelerating and embedding its eight CSR areas across its operations around the world. This was recognised by the fact that Carlsberg was included in the top five of the 2011 Newsweek Green ranking for its respective category, scoring highest among global brewers […]

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Carlsberg to Acquire Full Control of Baltika

    Carlsberg to Acquire Full Control of Baltika

Carlsberg Group intends acquiring the remaining 15% stake in its Russian subsidiary, Baltika Breweries, for up to DKr6.5 billion (Eur870 million). The move will involve a delisting of Baltika.
The net cost to Carlsberg for increasing its ownership from around 85% to 100% in 2012 and beyond will be a maximum of DKr4.4 billion due to […]

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New Chief For Carlsberg UK

    New Chief For Carlsberg UK

Carlsberg UK has appointed Benet Slay, formerly managing director, Northern Europe for Diageo, as its new chief executive. He will join Carlsberg UK on 1st March.
Having initially qualified as a management accountant while at Unilever, Benet Slay worked for PepsiCo between 1991-2004, during which time he worked in Southern Europe, the USA, was general manager […]

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Heineken Starts Amstel Brewing in Russia

    Heineken Starts Amstel Brewing in Russia

Heineken has commenced the brewing of its Amstel brand at its St Petersburg brewery in Russia. Heineken is reported to be aiming to capture a 1% share of the Russian beer market for Amstel by the end of the year as consumer demand for premium beer brands, such as Heineken and Zlaty Bazant, recovers.
During the […]

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