India  
 
NewsR.in

Heineken Completes 1-Euro Sale of Russian Operations

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Heineken Completes 1-Euro Sale of Russian Operations

Heineken Completes 1-Euro Sale of Russian Operations

Heineken Completes , 1-Euro Sale , of Russian Operations .

On August 25, Heineken said the brewer's exit from Russia has finally been completed.

Reuters reports that the Dutch brewer sold its Russian operations to Arnest Group for a symbolic single euro.

Reuters reports that the Dutch brewer sold its Russian operations to Arnest Group for a symbolic single euro.

According to the world's second-largest brewer, the deal was expected to come with exceptional losses of $324.8 million.

.

According to the world's second-largest brewer, the deal was expected to come with exceptional losses of $324.8 million.

.

In March of 2022, Heineken announced its plans to exit Russia following the invasion of Ukraine.

.

In March of 2022, Heineken announced its plans to exit Russia following the invasion of Ukraine.

.

Reuters reports that the brewer has acknowledged that the process took longer than expected.

.

Recent developments demonstrate the significant challenges faced by large manufacturing companies in exiting Russia, Dolf van den Brink, Heineken CEO, via Reuters .

Due to unprecedented sanctions imposed on Russia by the West, numerous multinational companies have sought to leave Russia.

.

Due to unprecedented sanctions imposed on Russia by the West, numerous multinational companies have sought to leave Russia.

.

Fellow brewer Anheuser-Busch InBev is among the major companies to announce plans to abandon joint ventures in Russia.

.

Fellow brewer Anheuser-Busch InBev is among the major companies to announce plans to abandon joint ventures in Russia.

.

In July, Russian President Vladimir Putin signed a decree taking control of French yogurt maker Danone's Russian subsidiary.

In July, Russian President Vladimir Putin signed a decree taking control of French yogurt maker Danone's Russian subsidiary.

At the same time, the government took control of beer company Carlsberg's stake in a local Russian brewery.

.

Reuters reports that Heineken operated seven breweries in Russia, employing some 1,800 people who received work guarantees for the next three years.

.

Reuters reports that Heineken operated seven breweries in Russia, employing some 1,800 people who received work guarantees for the next three years.


You Might Like


💡 newsR Knowledge: Other News Mentions

Vladimir Putin Vladimir Putin President of Russia (1999–2008, 2012–present)

Putin’s Scare in Kharkiv Grows: Zelensky Signs New Law Allowing Prisoners to Join Military [Video]

Putin’s Scare in Kharkiv Grows: Zelensky Signs New Law Allowing Prisoners to Join Military

Ukrainian President Volodymyr Zelensky has ratified a new law allowing certain prisoners to be paroled if they agree to enlist in the country's military. This legislation, aimed at bolstering Ukraine's military ranks, comes in response to the significant challenges the nation faces in its conflict with Russia. The details of the new law were published on the official website of the Ukrainian parliament, the Verkhovna Rada. Initially submitted to the legislature in March, the bill is part of a broader effort by Ukraine to replenish its military forces. The legislation enables Ukrainian inmates to voluntarily enlist on a contractual basis and serve as long as martial law is in effect. The law specifically applies to convicts with three years or less remaining on their original prison sentences. #Zelensky #Ukraine #UkraineWar #RussiaUkraineConflict #Kharkiv #Putin #MilitaryRecruitment #PrisonerEnlistment #WarLaw #MartialLaw #UkraineDefense #Mobilization #ConflictNews #EasternEurope #GlobalNews ~PR.152~ED.103~

Credit: Oneindia    Duration: 03:07Published
Ukraine braces for heavy battles as Putin says Russia carving out 'buffer zone'' [Video]

Ukraine braces for heavy battles as Putin says Russia carving out 'buffer zone''

Credit: FRANCE 24 English    Duration: 08:42Published
Putin claims he isn't seeking to gain control over city of Kharkiv [Video]

Putin claims he isn't seeking to gain control over city of Kharkiv

Russian President Vladimir Putin said that he has no plans to recapture the city of Kharkiv, during a visit to China on Friday. Putin clarified that Moscow's military action in Ukraine's northeastern Kharkiv region is aimed at establishing a buffer zone.

Credit: euronews (in English)    Duration: 01:20Published
Putin's Final Blow on Kharkiv with Renewed Russia’s Drone blitz; Ukraine’s Belgorod Retaliation [Video]

Putin's Final Blow on Kharkiv with Renewed Russia’s Drone blitz; Ukraine’s Belgorod Retaliation

In a critical escalation on Ukraine's northeastern front, Russian troops have made significant advances in the Kharkiv region, expanding the combat zone by approximately 70 kilometers. Ukrainian Colonel-General Oleksandr Syrskyi warned of imminent "heavy battles" as Russian President Vladimir Putin declared the establishment of a "buffer zone" to protect Russia's border regions. The offensive, which began last Friday, has strained Ukrainian defences, already stretched thin over a sprawling front. During a visit to China, Putin linked the offensive to ongoing Ukrainian shelling of Russian border areas, justifying the creation of the buffer zone. A recent Russian missile strike in Kharkiv killed two and injured 25, highlighting the conflict's toll. Ukrainian President Volodymyr Zelenskiy stated that Ukrainian forces have stabilized the front despite losing control of 12 villages. #Putin #Kharkiv #UkraineWar #DroneBlitz #Belgorod #UkraineRetaliation #RussiaUkraineConflict #BufferZone #MilitaryOffensive #KharkivAttack #WarUpdates #EasternFront #UkrainianDefense #RussiaInvasion #ConflictZone ~HT.99~PR.152~ED.194~

Credit: Oneindia    Duration: 03:02Published
China-Russia relations: 'Vladimir Putin needs Xi Jinping's support' [Video]

China-Russia relations: 'Vladimir Putin needs Xi Jinping's support'

Credit: FRANCE 24 English    Duration: 05:24Published

Danone Danone French multinational food corporation

Experts Question Claim That Yogurt Can Help Prevent Type 2 Diabetes [Video]

Experts Question Claim That Yogurt Can Help Prevent Type 2 Diabetes

Experts Question Claim , That Yogurt Can Help , Prevent Type 2 Diabetes. Associated Press reports that the United States Food and Drug Association's recently allowed yogurt producers to claim it reduces the risk of Type 2 diabetes. . However, at the time, the agency acknowledged that the claim is based on limited evidence. In 2018, Danone North America, the U.S. side of the French firm, sought FDA clearance for making the "qualified health claim.". Qualified health claims lack full scientific support but are allowed as long as manufacturers include a disclaimer to avoid misleading the public. Similar qualified health claims have been allowed for dietary supplements since 2000 and for food products since 2002. . In March of 2024, the FDA granted Danone's request. . According to the FDA, there is some evidence that eating at least 2 cups of yogurt a week could reduce the risk of developing Type 2 diabetes, which impacts about 36 million Americans. Critics of the FDA's decision have countered that the claim is not based on randomized control trials which could prove or disprove yogurt's purported health benefits. Critics of the FDA's decision have countered that the claim is not based on randomized control trials which could prove or disprove yogurt's purported health benefits. The Center for Science in the Public Interest, an advocacy group, cautions that no single food can reduce the risk of developing a disease linked to overall diet. AP reports that experts have expressed concerns that the label change could encourage people to eat yogurt high in sugar, which could increase the risk of developing diabetes

Credit: Wibbitz Top Stories    Duration: 01:31Published

Netherlands Netherlands Country in northwestern Europe

Scotland beaten by Netherlands in tri-series opener

 Scotland are well beaten by the Netherlands in The Hague as their World Cup preparations get off to a disappointing start.
BBC Sport
NATO Leaders at Risk: Dutch PM Threatened Following Assassination Attempt on Slovakian Counterpart [Video]

NATO Leaders at Risk: Dutch PM Threatened Following Assassination Attempt on Slovakian Counterpart

In recent weeks, a disturbing trend has emerged within the political landscape of NATO countries: high-profile leaders are increasingly receiving death threats. This alarming phenomenon follows the attempted assassination of Slovak Prime Minister Robert Fico, who was shot five times at close range, and now includes threats against Dutch Prime Minister Mark Rutte. In this video, we delve into the details and explore why NATO leaders are becoming targets. #NATOLeaders #DutchPMThreatened #Slovakia #SlovakianPM #RobertFico #DonaldTusk #PMAssassination #AlexenderDeCroo #Oneindia ~HT.178~PR.274~ED.194~GR.124~

Credit: Oneindia    Duration: 03:40Published

Ukraine Ukraine Country in Eastern Europe

In the face of continued battles around Karkhiv, Ukraine starts conscripting younger men [Video]

In the face of continued battles around Karkhiv, Ukraine starts conscripting younger men

Credit: FRANCE 24 English    Duration: 01:35Published
Ukraine's new controversial mobilisation law takes effect [Video]

Ukraine's new controversial mobilisation law takes effect

A controversial mobilisation law took effect on Saturday as Kyiv struggles to recruit troops amid a new Russian offensive threatening Kharkiv, the second-largest city.

Credit: euronews (in English)    Duration: 01:20Published

Urgent review as D-Day parachute jump scaled back due to lack of RAF aircraft

 Defence chiefs are scrambling to get more planes for a D-Day 80th anniversary parachute drop as crises in Ukraine and the Middle East have left the RAF's fleet..
Sky News
Ukraine starts conscripting younger men for war as battles continue around Kharkiv [Video]

Ukraine starts conscripting younger men for war as battles continue around Kharkiv

Credit: FRANCE 24 English    Duration: 02:07Published

Western world Western world Countries with an originally European shared culture

West has 'good hand in China economic battlefield but it doesn't have to be war'

 The boss of the world's biggest bank has told Sky News that Western economies have a "good hand" in the "economic battlefield" with China but declared it does..
Sky News
NATO Warns China Over Growing Support to Russia Amid War with Ukraine | Oneindia News [Video]

NATO Warns China Over Growing Support to Russia Amid War with Ukraine | Oneindia News

As China strengthens trade and military ties with Russia amidst Western sanctions, NATO issues a stern warning, urging Beijing to halt its support for Russia's actions in Ukraine if it desires positive relations with the West. Explore the implications of this diplomatic standoff and the escalating tensions in this crucial geopolitical landscape. #RussiaUkraineWar #RussiaChinaRelations #ChinaRussia #RussianStrikes #UkrainianStrikes #RussiaAttacksUkraine #UkraineAttacksRussia #FrontlineRegions #Oneindia ~PR.274~ED.155~GR.121~HT.96~

Credit: Oneindia    Duration: 02:02Published
These Are the 2024 Sweet 16 March Madness Teams [Video]

These Are the 2024 Sweet 16 March Madness Teams

These Are the 2024 Sweet 16 , March Madness Teams. These Are the 2024 Sweet 16 , March Madness Teams. 64 NCAA Division I teams have been cut down to the Sweet 16, CBS News reports. . The teams that will advance in the March Madness tournament are:. North Carolina Tar Heels Iowa State Cyclones NC State Wolfpack Gonzaga Bulldogs. North Carolina Tar Heels Iowa State Cyclones NC State Wolfpack Gonzaga Bulldogs. North Carolina Tar Heels Iowa State Cyclones NC State Wolfpack Gonzaga Bulldogs. North Carolina Tar Heels Iowa State Cyclones NC State Wolfpack Gonzaga Bulldogs. Arizona Wildcats Illinois Fighting Illini Tennessee Volunteers Purdue Boilermakers. Arizona Wildcats Illinois Fighting Illini Tennessee Volunteers Purdue Boilermakers. Arizona Wildcats Illinois Fighting Illini Tennessee Volunteers Purdue Boilermakers. Arizona Wildcats Illinois Fighting Illini Tennessee Volunteers Purdue Boilermakers. Marquette Golden Eagles Creighton Bluejays Duke Blue Devils Clemson Tigers. Marquette Golden Eagles Creighton Bluejays Duke Blue Devils Clemson Tigers. Marquette Golden Eagles Creighton Bluejays Duke Blue Devils Clemson Tigers. Marquette Golden Eagles Creighton Bluejays Duke Blue Devils Clemson Tigers. Alabama Crimson Tide San Diego State Aztecs Houston Cougars University of Connecticut Huskies. Alabama Crimson Tide San Diego State Aztecs Houston Cougars University of Connecticut Huskies. Alabama Crimson Tide San Diego State Aztecs Houston Cougars University of Connecticut Huskies. Alabama Crimson Tide San Diego State Aztecs Houston Cougars University of Connecticut Huskies. Four teams remain in each regional bracket. Four teams remain in each regional bracket. In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State No. 2 seed Iowa State vs. No. 3 seed Illinois. In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State No. 2 seed Iowa State vs. No. 3 seed Illinois. In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State No. 2 seed Iowa State vs. No. 3 seed Illinois. In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State No. 2 seed Iowa State vs. No. 3 seed Illinois. In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama No. 2 seed Arizona vs. No. 6 seed Clemson. In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama No. 2 seed Arizona vs. No. 6 seed Clemson. In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama No. 2 seed Arizona vs. No. 6 seed Clemson. In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama No. 2 seed Arizona vs. No. 6 seed Clemson. In the South:, No. 1 Houston vs. No. 4 Duke No. 2. seed Marquette vs. No. 11 seed NC State. In the South:, No. 1 Houston vs. No. 4 Duke No. 2. seed Marquette vs. No. 11 seed NC State. In the South:, No. 1 Houston vs. No. 4 Duke No. 2. seed Marquette vs. No. 11 seed NC State. In the South:, No. 1 Houston vs. No. 4 Duke No. 2. seed Marquette vs. No. 11 seed NC State. In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga No. 2 seed Tennessee vs. No. 3 seed Creighton. In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga No. 2 seed Tennessee vs. No. 3 seed Creighton. In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga No. 2 seed Tennessee vs. No. 3 seed Creighton. In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga No. 2 seed Tennessee vs. No. 3 seed Creighton. Sweet 16 games will take place from March 28-31

Credit: Wibbitz Top Stories    Duration: 01:31Published