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Russian court grants unspecified 'interim measures' as Baltika sues Carlsberg

Published 10/20/2023, 10:44 AM
Updated 10/20/2023, 12:26 PM
© Reuters. FILE PHOTO: A bar worker carries a tray of Carlsberg beer in Copenhagen, Denmark, July 30, 2022. REUTERS/Andrew Kelly/File Photo
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MOSCOW (Reuters) - A court in St Petersburg has imposed unspecified "interim measures" against Carlsberg (CSE:CARLb) in favour of Baltika Breweries, court filings showed, after the Danish brewer stopped licensing its brands in Russia this month.

Russian President Vladimir Putin ordered the temporary seizure of Carlsberg's stake in the Russian brewer Baltika in July, along with French yoghurt maker Danone's Russian subsidiary, demonstrating the risks for Western companies that have not managed to exit Russia since its invasion of Ukraine.

Carlsberg subsequently told Baltika that the licence agreements enabling it to produce, market and sell all Carlsberg Group products, including international and regional brands, had been terminated.

The court filings provided no information other than that interim measures had been granted in a lawsuit filed on Oct. 17 by Baltika against Carlsberg.

Baltika and Carlsberg did not immediately respond to requests for comment.

© Reuters. FILE PHOTO: Barrels are seen at the museum of the Baltika brewery in St. Petersburg, October 12, 2014. REUTERS/Alexander Demianchuk/File Photo

In another lawsuit filed on Sept. 25, before Carlsberg terminated the licence agreements, Baltika had asked a Russian court to prohibit Carlsberg from initiating legal proceedings in Denmark, citing the risk that Carlsberg could seek to remove Baltika's right to use certain trademarks.

The court did not grant interim measures, but a hearing in that case is scheduled for Nov. 15.

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