ESTONIA: Saku Olletehas reaches 49% share

By just-drinks.com editorial team | 18 February 2002

Estonia's largest brewery, Saku Olletehas, has announced that it reached its target of gaining 49% of the market by the end of 2001. The company also said it planned to make a EstKR5 dividend payment to shareholders, matching last year's dividend. The company, in which Baltic Beverage Holdings (BBH) owns a controlling interest, said that it had managed to add 0.5 percentage points to its market share, recorded by the Estonia Beer Producers' Association, in spite of strong competition in the Estonian beer market.

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Estonia's largest brewery, Saku Olletehas, has announced that it reached its target of gaining 49% of the market by the end of 2001. The company also said it planned to make a EstKR5 dividend payment to shareholders, matching last year's dividend. The company, in which Baltic Beverage Holdings (BBH) owns a controlling interest, said that it had managed to add 0.5 percentage points to its market share, recorded by the Estonia Beer Producers' Association, in spite of strong competition in the Estonian beer market.

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