RUSSIA: Baltika net profits leap 76%
By just-drinks.com editorial team | 15 March 2002
Baltika, the Russian brewer based in St. Petersburg, saw its net profits rise 76% from last year's 2.3 billion rubles (US$739.m) to 4 billion rubles in 2001. As reported in just-drinks last month sales were up 32% year-on-year to 1.401 billion litres. Its eponymous flagship brand 'Baltika' was up 16% to 790m litres.
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Baltika, the Russian brewer based in St. Petersburg, saw its net profits rise 76% from last year's 2.3 billion rubles (US$739.m) to 4 billion rubles in 2001. As reported in just-drinks last month sales were up 32% year-on-year to 1.401 billion litres. Its eponymous flagship brand 'Baltika' was up 16% to 790m litres.
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