Baltic Beverage Holdings may consider buying breweries in ex-Soviet states, thanks to the success of its Russian operations.

The statement was made by Christian Ramm-Schmidt, administrative director for Baltic Beverages Holding, Carlsberg's joint venture with Scottish & Newcastle in the Berlingske Tidende.

Ramm-Schmidt would not mention any specific areas, but said if it did buy other breweries they would be located in former Soviet Union countries. BBH has seen excellent growth in Russia. And despite growth softening somewhat in the country it still remains a key growth region for Carlsberg and S&N.