The Russian brewer, Sun Interbrew, part of the Interbrew group, has announced that it is to cut its workforce by as much as 10%. The company, which is 65%-owned by Interbrew, said it would be cutting between 500 and 700 jobs from its total workforce of 7,000.

Sun Interbrew said "efficiency improvements" resulting from the €300m capital investment over the past three years had made the jobs redundant.

In spite of the slowdown in the Russian market, Sun Interbrew said that sales were currently running ahead of 2001 levels. The company posted an 8.3% decline in net income for the third quarter to €11.1m on sales 1.9% down at €135.5m.