Russia seizes control of Danone and Carlsberg operations
Russia seizes control of Danone and Carlsberg operations
www.bbc.co.uk Russia seizes control of Danone and Carlsberg operations
Under a new order, the Danone and Carslberg units have been put in "temporary management" of the state.
2 comments
How does this practically work? Russia fires all the executives, replaces them with their own and redirect the profits? No impact to the remaining employees?
Probably something like that. Heck, probably most of the local executives are Russian, so they were probably in on the government take over. Now they are running the company for Putin. Danone and Carlsberg deserves to have their operations taken over since they decided to continue to run their business in that company.