The brewing combine, Baltic Beverages Holding (BBH), is to invest a further $7m in the Voronezh brewery before the end of this year. The company has opted to speed up its redevelopment of the facility raising its investment for this year from $5m to $12m.

The first phase of the reconstruction is already finished which will enable the company to launch four new products. BBH plans to invest a total of $17m in upgrading Voronezh, in which it owns a 24.89% stake. The reconstruction project is due to be completed by spring 2003.