Central European Distribution Corporation

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RUSSIA/US: Russian Standard proposes “strategic alliance” with Central European Distribution Corporation

8 Dec 2011

Central European Distribution Corporation has confirmed receipt of a proposal from Russian Standard to up its stake in the US-based company to almost 30%, and form a “strategic alliance”.

just the Round-Up - The week in drinks

2 Dec 2011

The top ten stories published on just-drinks last week:

EUROPE/US: CEDC “welcomes” Russian Standard stake purchase

30 Nov 2011

Russian Standard Vodka has acquired just under 10% of Central European Distribution Corporation.

US: CEDC reduces FY forecasts as nine-month figures turn red

4 Nov 2011

Central European Distribution Corporation has revised its full-year forecasts as nine-month profits turned to losses after its third quarter.

US: Central European Distribution Corp facing lawsuit

26 Oct 2011

Central European Distribution Corp is facing a lawsuit in the US over the extent of its disclosures on performance in Eastern Europe, but the group is set to strongly deny allegations of wrongdoing.

Update - US: CEDC poison pill follows stake buy

9 Sep 2011

Central European Distribution Corp's decision to erect a poison pill takeover defence follows an investment in the company by the ex-CEO of Whitehall Group.

US/POLAND: CEDC strengthens takeover defences

7 Sep 2011

Central European Distribution Corp has announced a share rights agreement that it says will better protect the company from hostile takeovers.

GLOBAL: Diageo sees Smirnoff, Johnnie Walker shine in brand list - research

19 Aug 2011

Diageo is toasting the release of The IWSR’s Top 50 International Spirits Brands list, holding on to the top spot and boasting the largest grower in the top ten.

US: Russian challenges bode ill for CEDC H2 as H1 sales climb

4 Aug 2011

Check back later for full coverage of Central European Distribution Corporation's H1 results.

US/RUSSIA: CEDC renews spirits licences in Russia

14 Jul 2011

Central European Distribution Corporation has secured the renewal of its licences for the production, storage and wholesale of spirits in Russia.

RUSSIA: CEDC eyes distillery sale

8 Jun 2011

Central European Distribution Corp is considering selling one of its distilleries in Russia, the group has confirmed.

US: Central European Distribution Corporation swings to black in Q1

9 May 2011

Central Eastern Distribution Corporation has seen its first quarter return to the black after last year's losses.

CARIBBEAN/LATAM: CEDC takes on Monarq as vodka distributor

16 Mar 2011

The international arm of Central European Distribution Corporation has switched distributors in its Caribbean and Latin American markets and in US travel retail.

US: CEDC ends 2010 in the red after tough '09 comparables

1 Mar 2011

Central European Distribution Corporation has seen profits turn to losses in 2010, despite a lift in sales for the year.

UKRAINE: Russian Standard still eyeing Nemiroff deal

31 Jan 2011

Russian Standard's founder has said that his company is still in talks to acquire Ukrainian vodka giant Nemiroff.

US: CEDC to offer EUR50m notes to repay debt

6 Dec 2010

Central European Distribution Corporation has lined up a note offering, which it hopes will raise EUR50m (US$66.4m).

just the Round-up - The week in drinks

3 Dec 2010

The top ten stories published on just-drinks this week:

RUSSIA/US: Central European Distribution Corporation to buy rest of Whitehall Group

30 Nov 2010

Central European Distribution Corporation has lined up the purchase of the remaining shares in Russian spirit firm the Whitehall Group.

US: CEDC "disappointed" by Q3 as Russian fires quell sales

5 Nov 2010

Central European Distribution Corporation (CEDC) has seen its net profits turn to losses in the first nine months of 2010, as sales in the third quarter slowed markedly.

UKRAINE: Stock Spirits quits Nemiroff vodka race

4 Oct 2010

Stock Spirits has ended its interest in acquiring Nemiroff in a development that is believed to leave Russian Standard as the sole bidder for the Ukrainian vodka giant.

Comment - Spirits - Russia's Vodka Black Market Could Get Blacker

24 Aug 2010

Minimum pricing has been the talk of the town this year for alcoholic drinks. In Russia, a nation built on vodka, the Government has moved beyond its introduction of a minimum price for its national spirit and is mulling doubling the current limit. Richard Woodard argues, however, that a country as at ease with the black market as Russia, could struggle to cope with the fallout of such a move.

RUSSIA: Vodka firms back Gov't on minimum pricing

6 Aug 2010

A minimum price on vodka in Russia is helping to flush out the country's illicit alcohol market and drive consumers towards big producers, the president and CEO of Central European Distribution Corp has said.

just the Round-Up - The week in drinks

6 Aug 2010

The top ten stories published on just-drinks this week:

US/POLAND: CEDC swings to H1 losses

6 Aug 2010

Higher charges caused Central European Distribution Corp to drop into the red for the first half of 2010, despite a strong rise in sales.

US/POLAND: CEDC completes Polish distribution unit sale

3 Aug 2010

Central European Distribution Corporation has completed the sale of its Polish drinks distribution arm to wholesale distributor Eurocash for PLN400m (US$132.7m).

Comment - Spirits - Hine-Sight's Fine Sight

27 Jul 2010

It must be madness, but Richard Woodard is in buying mood. Considering the state of the world's finances, his timing could be well off. But only Hine-sight will show whether he is a genius, or a fool...

just the Round-Up - The week in drinks

9 Jul 2010

The top ten stories published on just-drinks this week:

Update - US: CEDC shares soar on Nemiroff withdrawal

7 Jul 2010

Investors in the Central European Distribution Corp have backed the company's decision to walk away from a possible takeover of vodka group Nemiroff.

US: CEDC pulls out of Nemiroff vodka buy

7 Jul 2010

Central European Distribution Corp (CEDC) has dropped plans to acquire Ukrainian vodka firm Nemiroff.

UKRAINE: Russian Standard leads Nemiroff chase - report

17 May 2010

Russian Standard has declined to comment on reports that it is a front-runner to acquire Nemiroff Ukrainian Vodka Company.

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