RUSSIA: Heineken sells Stepan Razin distribution centre

By | 10 April 2013

Heineken said St Petersburg and Russias north-west remain important regions

Heineken said St Petersburg and Russia's north-west remain important regions

Heineken has sold one of its former brewery sites, turned distribution centre, in Russia for an undisclosed sum. 

The 7.4-hectare Stepan Razin site, in St Petersburg, saw production cease in 2009. Since then it has been used as a distribution centre. 

The site has been sold to Stepan Razin Development, which plans to rent out some of the property as office space, Heineken confirmed to just-drinks yesterday (9 April). 

Anna Meleshina, Heinekens's corporate relations director for Russia, said St Petersburg and Russia northwest region remained “important markets” for the group. She added: “The decrease in costs allows us to increase our competitiveness and maintain a leading position in the region, and also enables growth in the profitability of the business.” 

Russia has been a challenging region for brewers to operate in of late. New laws banning the sale of beer from street kioks and print media advertising of alcohol were introduced earlier this year, on top of hefty duty hikes in the last two years.  

Expert analysis

Beer - BRIC (Brazil, Russia, India, China) Industry Guide

This Industry Guide is an essential resource for top-level data and analysis covering the BRIC (Brazil, Russia, India, China). The report includes easily comparable data on market value, volume, segmentation and market share, plus full five year market forecasts. It examines future problems, innovations and potential growth areas within the market. Ideal for spotting future trends and developments.

Sectors: Soft drinks

Companies: Heineken

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