Scottish & Newcastle is cited as one of the British companies who have encountered difficulties in their Russian dealings. Baltic Beverage Holdings, its joint venture with Carlsberg, upset minority shareholders last summer over plans to consolidate its stakes in a number of Russian breweries. BBH says it always acted correctly and the issue has now been resolved, but S&N board member John Nicolson admits mistakes were made. He says they were "rather naïve" and didn't spend enough time explaining the deal to shareholders. The Sunday Telegraph 23/04/06 (Business) page 7