News

RUSSIA: Baltika to invest US$18m in Tulskoye Pivo

Most popular

'Healthy alcohol - the trend to watch in 2019?

What will be Ian Curle's Edrington legacy?

The beer category in 2019 - just-drinks predicts

Is craft spirits approaching a reset moment?

MORE

Russian brewing group, Baltika, is planning to invest some US$18m in the modernisation and expansion of its Tulskoye Pivo brewery. The company has already invested around US$67m in the brewery in the Tula region. It is also considering building a malt production plant in the region. Production at Tulskoye Pivo reached 343m litres in 2001 against 157m litres in 2000. Earnings were up 160% to Rub3.3 billion. At the end of last year, the company had a 5.6% market share, up from 2.9% in 2000. Baltika acquired its controlling stake in Tulskoye Pivo in November 1999.


Related Content

Why taking the hit in Asia is worth it for soft drinks - Comment

Why taking the hit in Asia is worth it for soft drinks - Comment...

Carlsberg delivers H1 2017 jump but Russia challenges remain - results

Carlsberg delivers H1 2017 jump but Russia challenges remain - results...

Price cut seeks to boost brand Carlsberg in Russia

Price cut seeks to boost brand Carlsberg in Russia...

Carlsberg and Heineken in Cambodia - What just-drinks thinks

Carlsberg and Heineken in Cambodia - What just-drinks thinks...

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?