MOSCOW: Russia took control of shares belonging to French agribusiness Danone and brewer Carlsberg, according to a decree published on Sunday (Jul 16). The decree signed by President Vladimir Putin says the Russian state would 'temporarily' manage shares belonging to Danone Russia and to Baltika, which is
MOSCOW: Russia took control of shares belonging to French agribusiness Danone and brewer Carlsberg, according to a decree published on Sunday .
Danone said it was investigating the situation and"preparing to take all necessary measures to protect its rights as shareholder of Danone Russia, and the continuity of the operations of the business in the interest of all stakeholders, in particular its employees".Carlsberg announced in March that it would sell the entirety of its activities in Russia, where it employed 8,400 people.
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