BELARUS: Baltika files lawsuit

By just-drinks.com editorial team | 18 February 2002

As had been predicted, the leading Russian brewing force, Baltika, has launched legal proceedings in its bid to recover a US$10m investment it made in the Krinitsa brewery in Minsk. Baltika is suing the government-owned brewery for the US$10m, which was to be the first phase of a $50 million investment in return for a 50%-plus share in the concern.

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As had been predicted, the leading Russian brewing force, Baltika, has launched legal proceedings in its bid to recover a US$10m investment it made in the Krinitsa brewery in Minsk. Baltika is suing the government-owned brewery for the US$10m, which was to be the first phase of a $50 million investment in return for a 50%-plus share in the concern.

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