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Russia’s Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages

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Russia’s Baltika Breweries has sued 4 Carlsberg subsidiaries for damages amounting to six.24 billion Danish crowns ($902 million), Russian court docket filings confirmed, as the 2 events combat over the way forward for Russia’s largest brewer.

Moscow took management of Carlsberg’s stake in Baltika in July 2023 and positioned it underneath “non permanent administration,” prompting Carlsberg Group CEO Jacob Aarup-Andersen to say its enterprise had been stolen.

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In line with filings with a court docket in St Petersburg, Carlsberg Sverige, Carlsberg Deutschland, Carlsberg Breweries and Carlsberg’s Russian subsidiary Hoppy Union have been all named as defendants.

The court docket filings didn’t specify what the damages have been. Earlier court docket classes involving Baltika and Carlsberg have been closed to the general public because of the presence of paperwork containing commerce secrets and techniques.

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“We’re not commenting on particular court docket circumstances,” a Carlsberg spokesperson mentioned. “As acknowledged beforehand, we proceed to take all doable actions, together with authorized, to guard our staff, belongings and operations in relation to Baltika.”

Baltika declined to remark.

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Baltika and Carlsberg have been locked in a dispute over licensing. Carlsberg’s unit in Kazakhstan has filed an attraction with a Russian court docket after the Danish brewer was banned from promoting the Baltika beer model of its former Russian companion in some worldwide markets.

The preliminary arbitration listening to is scheduled for Might 15.

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($1 = 6.9165 Danish crowns)

(Reporting by Alexander Marrow and Olga Popova; extra reporting by Terje SolsvikEditing by Gareth Jones and Toby Chopra)

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{Photograph}: Show with Carlsberg cans of beer within the grocery store Lenta, in Moscow; photograph credit score: Bigstock

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