DENMARK: Baltika president steps down

Most popular

The just-drinks analyst returns

Heineken must cut costs to aid recovery - analysis

How COVID has accelerated the sobriety trend

Interview - Treasury CEO Mike Clarke - Part II

The just-drinks analyst returns


The president of Baltika Brewing Company (BBC) is to resign. Taimuraz Bolloev announced his decision to resign from the position today (14 December). Bolloev, who has been the president of Baltika for the past 13 years, will stand down at the end of this year.

In a statement, Christian Ramm-Schmidt, president of Baltic Beverages Holding, BBC's parent company, and chairman of the Baltika board of directors said: "On behalf of BBH, we would like to pay tribute to Mr Bolloev's achievements over the last 13 years. Mr Bolloev is leaving the Baltika business in tremendously good shape.

"The results for the third quarter of 2004 show the power of the Baltika business following the completion of the new sales and distribution system and our successfully renewed marketing strategy. Baltika achieved a record 24% market share during the third quarter."

Prior to the appointment of a new permanent president of Baltika, Anton Artemiev, the executive vice-president of BBH, has been appointed as the acting president. Artemiev, 43, has been a senior executive of BBH since 2000. He has been a member of the Baltika board of directors since 2001.

"I am confident that the management team and employees at Baltika will continue to work hard and achieve strong results also in the future," Bolloev said. "I would like to thank all those people who have worked with me for many years making Baltika a great success."

Related Content

"Havana Club belongs to Cuba" - just-drinks meets Cuba Ron Corp president Juan Gonzalez...

Diageo's Bulleit Bourbon founder

Diageo's Bulleit Bourbon founder "steps back" as abuse claims intensify...

Growing waiting list puts pressure on Travel Retail exhibition to leave Cannes - TFWA president

Growing waiting list puts pressure on Travel Retail exhibition to leave Cannes - TFWA president...

"If the domestic retailers had our growth, they would be singing and dancing" - just-drinks speaks t...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..

Forgot your password?