Russia Has Been Challenging in 2011: Carlsberg CEO

Monday, 20 Feb 2012 | 4:50 AM ET

Jorgen Buhl Rasmussen, CEO of Carlsberg, told CNBC, "Russia has been challenging in 2011 and some of the key factors here have been, very big price increase in the beer category, but also very high inflation on food products, but that has negatively impacted consumer behaviour in our category."