HEINY / Heineken fears Russia will take over business as it leaves country

The Dutch brewer sold its Russia operations for one euro in August, while consumers globally were deterred by higher beer prices. more_horizontal

Heineken N.V. (EURONEXT:HEIA)'s beer sales volume declined by more than 4% in the third quarter as lower consumer spending and inflation-led price inc more_horizontal

Heineken has seen soft volumes in key emerging markets hit its share price, with the stock currently off around 20% from its 2023 highs. Aggressive pr more_horizontal

Heineken finally cut ties with Russia 18 months after the Ukraine invasion. The company took a 300 million euro hit after selling its Russian operatio more_horizontal

Heineken has announced its departure from Russia following the sale of its business in the country for a symbolic €1 ($1). more_horizontal

Heineken N.V. (EURONEXT:HEIA) has sold its Russian business to native manufacturing company Arnest Group for €1, incurring a total loss of €300 mi more_horizontal

THE HAGUE, Netherlands (AP) — Dutch brewer Heineken has completed its withdrawal from Russia, 18 months after Moscow launched its full-scale invasio more_horizontal

Investing in companies that make products people buy day-in and day-out is a smart way to weather an economic storm, but there are some consumer stapl more_horizontal