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Carlsberg Russian Subsidiary Directors Arrested for Fraud by Russian Authorities

Russian authorities have arrested the directors of Carlsberg’s former Russian subsidiary on suspicion of large-scale fraud, the Danish beer brewer reports. Carlsberg calls the accusations against the two directors of Baltika Breweries ‘fake’.

The Russian government took over Carlsberg’s shares in Baltika in July through a presidential decree. Chairman Jacob Aarup-Andersen said last month that the subsidiary had been “stolen”, that all ties with Baltika have been severed and that he refuses to sign an agreement with the Russian government that would give the takeover a semblance of legality.

“It is disgusting that the Russian state’s attempts to justify their illegal takeover of our company in Russia have now turned into an attack on innocent employees,” Carlsberg said in a statement.

REUTERS – Barrels of Baltika beer in the brewery museum in St. Petersburg.

The two suspects are Denis Cherstennikov, chairman of Baltika, and Anton Rogachevsky, vice-chairman for legal affairs. According to Russian prosecutors, they transferred some of Baltika’s intellectual property rights to Carlsberg during the Russian takeover.

Carlsberg has informed Baltika, which is now owned by the Russian state, that it must stop brewing and selling Carlsberg products. Baltika has started a lawsuit to be able to do that.

Editorial / Reuters

2023-11-16 15:56:15
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