RUSSIA: Heineken breaks off distribution agreement
The Dutch brewer Heineken has successfully ended contract with the Russian distributor First Federation, despite a suit from the Russian claiming Heineken reneged on a deal giving First Federation exclusive rights to import Heineken beer. A Bloomberg report said a Dutch court laid aside a US$60m suit from First Federation, after Heineken argued that the agreement with First Federation could be annulled in the event that the company began making beer in Russia.
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