RUSSIA: Baltika plans double purchase in export drive
The East European brewer Baltika is to spend $100m over the next year in a plan to expand production capabilities and lower the cost of output. The project includes the purchase of two breweries, most likely located somewhere within the CIS countries. A report in Interfax yesterday said that Baltika would have most interest in Belarus and the Republics of Central Asia, particularly Uzbekistan, where beer production and consumption is relatively low.
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