Carlsberg A/S is a Denmark-based company active within the brewing industry. It is primarily engaged in the production, marketing and sale of beer and soft drinks. The Company�s portfolio consists of more than 500 beer brands, including Carslberg, Kronenbourg, Baltika, Holsten, Okocim, Tuborg, Lav and Lvivske, among others. The Company�s operations are divided in geographical segments: Western Europe, Eastern Europe and Asia, which create Beverages division, and Non-beverage. The Company is also present in markets where it does not have own breweries, through license business and export. Additionally, the Company has interests in development and sales of real estate. It operates through numerous subsidiaries in Europe and Asia, including Carslberg Danmark A/S, Carslberg Sverige AB, Carslberg Polska SA, Baltika Breweries and Carslberg Brewery Hong Kong Ltd, among others. In December 2013, the Company acquired a 30.3% stake in China's Chongqing Brewery, raising its stake to 60%.