Author: lionelpalladino
AB InBev Increases its Humanitarian Relief for Ukraine and Is Forfeiting All Financial Benefits from Stake in Russian Non-Controlled Joint Venture
WEBWIRE – Monday, March 14, 2022
We are providing critical assistance to our 1,800 employees in Ukraine and their families, including providing housing and financial support. In addition to donating to the Red Cross, we are working in partnership with them, other CPGs and local NGOs to provide food, blankets, medical supplies and 2 million cans of emergency drinking water to Ukraine and surrounding refugee relief areas.
We have a joint venture in Ukraine and Russia with Turkish brewer Anadolu Efes. Yet, we do not have a controlling stake at the joint venture and do not ... Read more