Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look legitimate, the brewer's new CEO said on Tuesday.
I’m guessing because by March 2022, due to international sanctions that would have also applied to this Danish beer company, that all businesses headquartered in countries implementing the sanctions against Russia were legally required to cease operations in Russia (so, 18 months ago)…except this beer company didn’t - they kept operating and eventually started trying to find a buyer while continuing to operate. Arguably, there wouldn’t have been a beer company in Russia to steal if they’d obeyed the laws of their country in the first place.
How did you come to that conclusion?
I’m guessing because by March 2022, due to international sanctions that would have also applied to this Danish beer company, that all businesses headquartered in countries implementing the sanctions against Russia were legally required to cease operations in Russia (so, 18 months ago)…except this beer company didn’t - they kept operating and eventually started trying to find a buyer while continuing to operate. Arguably, there wouldn’t have been a beer company in Russia to steal if they’d obeyed the laws of their country in the first place.
Ah, fair enough. Thanks.