UK/RUSSIA: EBI thanks Krasny Vostok for sales jump
Efes Breweries International has posted a 31% leap in sales volumes for the year to 31 December.
The company, which is 70%-owned by Turkish brewer Anadolu Efes, said yesterday (14 February) that sales of 11.7m hectolitres were driven by the purchase of Russian brewer Krasny Vostok last year.
The company also noted the sale of its 50% stake in Interbrew Efes Romania to InBev in August last year as playing a part in volume movements.
Excluding volumes from Interbrew Efes for both 2005 and 2006, and stripping out sales volumes from Krasny Vostok last year, EBI volumes rose 10% in 2006.
In 2006, 73% of EBI's total sales volumes came from Russia, where volumes rose 44% to 8.7m hectolitres. Excluding the contribution of Krasny Vostok, volumes in Russia were up by 10%.
EBI operates across the CIS, the Balkans and Eastern Europe, including Russia. Currently EBI has an annual brewing capacity of 23.3m hectolitres.
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