The beer giant Carlsberg plans to sell its Russian business by the beginning of the summer. News about the Danish Carlsberg Group planning to sell its Russian assets by the end of spring was announced in a report of the brewing company on the retirement of the company's CEO Cees t'Hart.

Cees t' Hart has been Carlsberg's CEO for eight years. He will leave his position no later than the end of the third quarter of 2023.