The Russian brewery Tinkoff is trying to raise between $US5m and $7m by placing a quarter of its shares among portfolio investors, the company said in a statement Monday.
It went on to say that this total could risr to 50% by 2005 and may also be followed by an initial public offering, the statement said. No other details were available.
Tinkoff group includes Interbir and Novye Tekhnologii (New Technologies) companies. It also runs a brewery in Pushkin and restaurants in Novosibirsk, Samara, St. Petersburg, and Moscow.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
