Dutch brewer Heineken has stopped selling the company’s Heineken brand in Russia.


You didn’t drink too much beer; that’s the amount. The deal has the brewer unloading seven breweries and 1,800 employees (🔐 read for free) on a Russian packaging and cosmetics company for a symbolic one euro. Moscow now allows the state to take temporary control of the assets of businesses or individuals from what it calls “unfriendly” states. Last month, Russia seized the local operations of French food company Danone and Danish brewer Carlsberg. Heineken stopped selling its eponymous brand there last year, after Russia invaded Ukraine, and said its Amstel brand will be phased out there within six months.