RUSSIA: Regional investment for Baltika

By just-drinks.com editorial team | 26 March 2002

The leading Russian brewing force, Baltika, will be investing US$150m in regional projects in 2002, the company's president, Teimuraz Balloyev, has announced. The BBH-owned concern is building two new breweries in Samara and Khabarovsk, each with a production capacity of 10m decalitres. The total investment in those two projects is around US$100m. However, Balloyev stated that Baltika would not be putting money into the Minsk-based Krinitsa facility until it has gained a majority interest in the company.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

The leading Russian brewing force, Baltika, will be investing US$150m in regional projects in 2002, the company's president, Teimuraz Balloyev, has announced. The BBH-owned concern is building two new breweries in Samara and Khabarovsk, each with a production capacity of 10m decalitres. The total investment in those two projects is around US$100m. However, Balloyev stated that Baltika would not be putting money into the Minsk-based Krinitsa facility until it has gained a majority interest in the company.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

RUSSIA: Growth in Russia drives BBH sales gains
Baltic Beverages Holding AB (BBH) said today that management initiatives within sales and marketing had driven a continuation of the strong growth in both volumes and net sales shown in the second half of 2004 in its first half figures for 2005

RUSSIA: Baltika heads straight for Ireland
Baltika has begun supplying beer direct to Ireland.

RUSSIA: Baltika Pikra acquisition fails
Baltika has failed in a bid to gain sufficient support from minority shareholders for its proposed acquisition of the Pikra brewery for US$67.5m.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page