Mongolia: Latest beverage news & analysis
Asia Pacific Breweries is set to enter the Mongolian vodka market through a JV with Grandkhaan Holdings in the country.
Mongolia’s largest drinks company is to expand its beer production after securing a US$25m loan from the European Bank for Reconstruction & Development (EBRD).
The Coca-Cola Co. has opened a new bottling plant in the Mongolian capital. The soft drinks giant said over the weekend that the MNT25.35bn (US$22m) facility, in Ulaanbaatar, will be its second plant in the country, after the first facility was built by exclusive Coke bottler MCS Coca-Cola in 2001.
MCS-Asia Pacific Brewery, the partnership between Singapore’s Asia Pacific Breweries (APB) and Eastern Asia’s MCS Holdings (MCS), plans to brew Tiger beer in Mongolia.
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