The Russian beverage group Ochakovo expects to sell 14 billion rubles worth of beer in 2004, an increase from the 10 billion rubles expected this year, the company’s president, Alexei Kochetov, was quoted as saying today.


The reports from a press conference held by Ochakovo yesterday also said the company expects volumes to increase at least 5% in 2004.


In 2003 volumes are estimated to reach 71.84m decaliters, a 3.61% increase on 2002.