date:Mar 30, 2022
f 2021, amounting to around 15% of total assets or 44% of its total equity, as revealed in its annual report.
Meanwhile, Russia's second largest brewing company is a joint venture owned by Turkey's Anadolu Efes and Belgiums InBev.
Earlier this month, InBev announced that it would cease to sell Bud beer in Russia and forego profits from the joint venture, which has 11 breweries and 3,500 employees in the country.
Heineken pulls out
Heineken, Russias third largest beer giant, announced its plan