LITHUANIA: Major brewer and distiller post results

By just-drinks.com editorial team | 29 January 2002

In spite of an 18% decline in turnover in 2001, one of Lithuania's largest vodka producers, Vilniaus Degtine, is forecasting net profits of around Ltas 1.4 million litas (EUR 0.4 million) on sales of Ltas31.125 million for 2002. The company predicted that its spirits sales would increase by 32.6% to 4 million litres.

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In spite of an 18% decline in turnover in 2001, one of Lithuania's largest vodka producers, Vilniaus Degtine, is forecasting net profits of around Ltas 1.4 million litas (EUR 0.4 million) on sales of Ltas31.125 million for 2002. The company predicted that its spirits sales would increase by 32.6% to 4 million litres.

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