THE HAGUE: Dutch brewer Heineken, Danish beer-maker Carlsberg, and Universal Music Group have become the latest Western firms to halt operations in Russia over Moscow’s war in Ukraine.
Italian luxury sports car manufacturer Ferrari meanwhile said it was suspending deliveries to Russia.
Heineken, the world’s second-biggest beer company said Wednesday it was stopping the production, advertising and sale of its namesake brand in Russia “in response to the continued escalation of the war”.
Heineken had already suspended new investments and exports to Russia last week.
“We are shocked and saddened to watch the tragedy in Ukraine unfold,” Heineken chief executive Dolf…
