Archive · 2 Sep 2025
Anadolu Efes Shares Plunge After Russia JV Rebrand
Anadolu Efes, a Turkish brewer, saw its stock price fall sharply.
This happened after its Russian joint venture, which was temporarily taken over by the Russian government, changed its name to "Drinks Together."
Investors are worried that Anadolu Efes won't be able to run the business anymore.
This change is seen as a sign that Anadolu Efes might not regain control of its Russian operations.
The company acknowledged the change, but said it does not affect ownership.
The situation began when the Russian government placed the venture under temporary management, and the new name further worries investors about the brewer's future in Russia.
Anadolu Efes shares fell by as much as 9.3% on Tuesday.
The Russian joint venture with AB InBev was rebranded to "Drinks Together."
The rebranding reflects the firm’s “deep integration into the Russian economy.”
AB InBev and Anadolu Efes legally remain the owners of the Russian venture.
The stock slide underscores investor fears about the future of the Russian joint venture.
- Who
- Anadolu Efes, AB InBev, and investors
- What
- Shares of Anadolu Efes dropped after its Russian joint venture was rebranded.
- When
- Shares dropped on Tuesday
- Where
- Istanbul
- Why
- Investors fear Anadolu Efes has lost control of its Russian business.
- Company
- Anadolu Efes
- Stock Drop
- 9.3% (Tuesday)
- Russian JV Name
- "Drinks Together"
- Ownership
- AB InBev and Anadolu Efes (legally)
- Stock Decline (Past Year)
- 28%