RUSSIA: Heineken plans Russian expansion - paper
In an interview with the president of Heineken in Russia Rolan Pirme, it reported that the brewer wants to reach a 15% market share in the country. IN currently holds just below 6%.
Pirme told the paper that Heineken was considering buying ZAO Ochakovo or OAO Krasny Vostok, which hold 6% and 5% shares of the Russian beer market respectively.
If these attempts failed Heineken could instead build its own brewery. Any such plan could begin as early as 2004 with an investment of about US$50m, he said.
Dutch brewer Heineken is rumored to have released a self-chilling beer can....
ING has raised its target for Heineken's share price after analysing the brewer's options to save costs....
Heineken's CEO-in-waiting has no plan to radically alter the brewer's strategy, he said in an interview today....
Heineken has restructured its top management, in a move that includes the retirement of current CEO and chairman Thony Ruys from October this year....
Heineken said yesterday that its Austrian subsidiary Brau Union AG has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-business related real estate ...
Heineken has acquired a 40% stake in a Chinese brewery....
Heineken Espana is looking to invest heavily in a new plant in southern Spain....
Grupo Empresarial Bavaria is not looking to sell up, its president has confirmed....
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