RusBankrot
We know everything about bankruptcy
16/05/2025
Friday
THIS DAY IN HISTORY:
16 May 
1970 The Russian poet Joseph Brodsky was ordered to leave the USSR.
1970 The Russian poet Joseph Brodsky was ordered to leave the USSR.
1970 The decision was made to begin the “cultural revolution” in China.
1970 The decision was made to begin the “cultural revolution” in China.
1970 The first film awards, which were later called the Oscars, were issued in Hollywood.
1970 The first film awards, which were later called the Oscars, were issued in Hollywood.
16 May
1970 The Russian poet Joseph Brodsky was ordered to leave the USSR.
1970 The Russian poet Joseph Brodsky was ordered to leave the USSR.
1970 The decision was made to begin the “cultural revolution” in China.
1970 The decision was made to begin the “cultural revolution” in China.
1970 The first film awards, which were later called the Oscars, were issued in Hollywood.
1970 The first film awards, which were later called the Oscars, were issued in Hollywood.
"BALTIKA" AND CARLSBERG WENT TO THE SETTLEMENT ON THE CLAIM OF 90 BILLION
!["BALTIKA" AND CARLSBERG WENT TO THE SETTLEMENT ON THE CLAIM OF 90 BILLION](/upload/iblock/eeb/file_1197.jpg ""BALTIKA" AND CARLSBERG WENT TO THE SETTLEMENT ON THE CLAIM OF 90 BILLION")
The settlement agreement between the Baltika brewing company and the Danish Carlsberg Group (including its "daughters") was approved by arbitration in St. Petersburg. The lawsuit concerned the recovery of losses from a foreign concern in the amount corresponding to 90 billion rubles.
In the autumn of 2023, Baltika lost the right to manufacture and sell its products under well-known trademarks. The reason was the unilateral termination of license agreements by Carlsberg Group. At the same time, the Russian company had only the right to sell the remaining stocks in warehouses until April 2024. Such a decision by the partner in Baltika was considered a violation of justice and filed a lawsuit with arbitration.
At the end of last year, the court found Carlsberg's actions illegal. The arbitration obliged the concern to comply with the terms of the license agreements. The same was insisted on by the court of Appeal (the Thirteenth Arbitration Court of Appeal), which considered the complaint of representatives of a foreign company in April 2024.
As part of the litigation, the court adopted a number of interim measures. Rospatent was prohibited from terminating Baltika's rights to various trademarks. But the issues of protecting the rights to brands were not the only ones in the Carlsberg proceedings.
The concern, which intended to completely leave the Russian market back in March 2022, faced difficulties. A month after the concern announced the sale of the Russian business, the President of the Russian Federation issued a decree according to which the Carlsberg share was temporarily transferred under the management of the Federal Property Management Agency.
In December 2024, a new decree of the President of the Russian Federation was published, according to which 100% of the shares of Baltika were withdrawn from the control of officials. The main share (98.56%) was owned by the "daughter" of a foreign concern – Carlsberg Sverige Aktiebolag.
It turned out that the foreign capital still sold its shares (98.65%) to the Russian business company VG Invest. A small part of the shares remained under the management of a Russian firm controlled by the main beneficiary. The deal was executed according to the MBO model (management buyout). However, the amount of the transaction and the purchasers of the shares were not publicly disclosed.
As a result of the agreements, Carlsberg retained control over its assets in Azerbaijan and Kazakhstan. The conclusion of a settlement agreement allowed the parties to settle all disputed issues, including those related to licensing rights and the use of brands. Baltika continues to occupy the second position among the largest beer producers in Russia and operates eight plants throughout the country.
In the autumn of 2023, Baltika lost the right to manufacture and sell its products under well-known trademarks. The reason was the unilateral termination of license agreements by Carlsberg Group. At the same time, the Russian company had only the right to sell the remaining stocks in warehouses until April 2024. Such a decision by the partner in Baltika was considered a violation of justice and filed a lawsuit with arbitration.
At the end of last year, the court found Carlsberg's actions illegal. The arbitration obliged the concern to comply with the terms of the license agreements. The same was insisted on by the court of Appeal (the Thirteenth Arbitration Court of Appeal), which considered the complaint of representatives of a foreign company in April 2024.
As part of the litigation, the court adopted a number of interim measures. Rospatent was prohibited from terminating Baltika's rights to various trademarks. But the issues of protecting the rights to brands were not the only ones in the Carlsberg proceedings.
The concern, which intended to completely leave the Russian market back in March 2022, faced difficulties. A month after the concern announced the sale of the Russian business, the President of the Russian Federation issued a decree according to which the Carlsberg share was temporarily transferred under the management of the Federal Property Management Agency.
In December 2024, a new decree of the President of the Russian Federation was published, according to which 100% of the shares of Baltika were withdrawn from the control of officials. The main share (98.56%) was owned by the "daughter" of a foreign concern – Carlsberg Sverige Aktiebolag.
It turned out that the foreign capital still sold its shares (98.65%) to the Russian business company VG Invest. A small part of the shares remained under the management of a Russian firm controlled by the main beneficiary. The deal was executed according to the MBO model (management buyout). However, the amount of the transaction and the purchasers of the shares were not publicly disclosed.
As a result of the agreements, Carlsberg retained control over its assets in Azerbaijan and Kazakhstan. The conclusion of a settlement agreement allowed the parties to settle all disputed issues, including those related to licensing rights and the use of brands. Baltika continues to occupy the second position among the largest beer producers in Russia and operates eight plants throughout the country.
18.12.2024
