This month, Carlsberg retaliated by ending license agreements for its brands in Russia that have enabled Baltika to produce, market and sell Carlsberg products in the country.
“When these licenses run out with the grace period, they’re not allowed to produce any of our products any more. Of course, I cannot guarantee that happens, but that is our expectation,” Aarup-Andersen said.
Russia’s finance ministry said that Rosimushchestvo, the federal government property agency, has been appointed as a temporary manager, exercising the powers of the owner with the exception of the powers to dispose of property.
A temporally owner that executes almost all rights, decides when this condition ends and doesn’t have any obligations? I want a house rent to be like that lol.
I'm not talking about trademark copyright, I'm talking about the inevitable war when they finally build up their little nuclear umbrella they've been building and invades Taiwan.
Every single business with heavy investments in China is going to have those investments seized and they're going to have to write down all of those assets to zero.
However many billions of dollars all these companies have invested in China, from Apple to furniture manufacturers to Walmart to everywhere, is going to have an instant multi-million or even multi-billion dollar hit to their bottom line.
And they're going to lose access to all of that production. Going to lose access to it for at least a decade or two.
Those jobs were created to make the greed class richer by hiring sweatshop children to work 12+ hour days and firing domestic workers.
I know they’ll take it out of our ass, but there have to be consequences. We deserve draconian consequences for allowing the greed class to do that.
Consequences that make them sick at the potential lost profits of doing it again, as that’s literally all our owners care about.
Why should I root for the capitalist’s continuous cruelty not to blow up in their faces? They’ve only ever exploited my labor for a fraction of what it generates in exchange for subsistence pittances, they aren’t anyone’s friends outside the country club.
I’d save a chinese factory worker before I’d save a thousand American business crook MBAs propagating greed as virtue.
Take solace in your suffering that the people that forced you into your position from decades of greed and regulatory capture are throwing their expensive tumblers from their expensive office wet bar at their sycophant executives falsely blaming them for losing billions outsourcing assets to China.
We will never beat them, they’ve propagandized too many peasants to defend the owners and their greed against their own interests. So I’ll take the W when their own sociopathic, selfishness blows uo in their face.
The capitalists wil continue to inflict suffering upon us for private profit regardless of how their quarter went, as they don’t see people without significant net worth as human at all. The least we can do is celebrate when our capitalist oppressors suffer a loss to their ego scores.
the CCP are definitely using the same notes as the Kremlin.. when things get bad economically inside China, they will get belligerent and start doing the same thing..
I’m guessing because by March 2022, due to international sanctions that would have also applied to this Danish beer company, that all businesses headquartered in countries implementing the sanctions against Russia were legally required to cease operations in Russia (so, 18 months ago)…except this beer company didn’t - they kept operating and eventually started trying to find a buyer while continuing to operate. Arguably, there wouldn’t have been a beer company in Russia to steal if they’d obeyed the laws of their country in the first place.
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