Carlsberg

Denmark's Glyptotek art museum announced on Nov. 26 that it will return the bronze head of Roman Emperor Septimius Severus to Türkiye, after showcasing it for over 50 years.

The statue, which originates from the ancient city of Boubon in Burdur, was illegally excavated in the 1960s and subsequently sold to Denmark's Ny Carlsberg Glyptotek in 1970.

Russia has denied stealing Carlsberg's business, saying its seizure was legal, in reaction to remarks made almost two weeks ago by the head of the Danish brewery company.

Carlsberg had announced in June that a buyer had been found for Baltika, which it has owned since 2000, and its 8,400 employees.

President Vladimir Putin signed a decree on Nov. 8 offering a way for Russian investors to "swap" their frozen assets abroad with the frozen assets of foreign companies in Russia.

Since the conflict in Ukraine, Western countries have introduced a barrage of sanctions against Moscow, blocking its banks from making international payments and freezing Russian assets abroad.

Day 616 of the invasion of Ukraine. Summary of key events in the last 24 hours:

Transpak, a company based in Murska Sobota, has made it big with its packaging and transport solutions for food and beverage manufacturers. It now supplies industry giants such as Heineken, AB InBev, Carlsberg, Danone, Asahi, Irish Distillers, Baileys and Berglandmilch.

Within the scope of the works carried out by the Culture and Tourism Ministry's General Directorate of Cultural Heritage and Museums on the return of historical artifacts smuggled from Türkiye in the past, efforts are underway to return the head of the life-size bronze statue of Roman Emperor Septimius Severus from Denmark. The body of the statue has been returned from the U.S.

Danish beer giant Carlsberg announced it has acquired the remaining 49 percent of Olympic Brewery in Greece, following the 2014 merger through which Carlsberg had gained a 51 percent stake in the Greek firm.

A Greek court has imposed a €26.7m fine on Heineken subsidiary Athenian Brewery for abusing its dominant position in the Greek beer market over more than two decades.

In 2004, the Hellenic Competition Commission (HCC) opened an ex-officio investigation into the alleged market abuses of Heineken’s local subsidiary.

Anheuser-Busch In Bev SA/NV's merger with SABMiller Plc is unlikely to alter the competitive landscape of the European beer market over the next 12-24 months, as it will take time for the combined entity to hit its stride, Moody's Investors Service said in a special report published on Feb. 2. 

International brewers are trickling into Myanmar, betting that higher incomes and economic reforms will whip up a thirst for foreign beer in a market that has long been dominated by state-owned firms.