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EUR: Stock Spirits toasts market share rises in 2008

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Stock Spirits Group has hailed "significant" market share gains in its three core operating markets in Europe.

The company, which was created through the integration of Stock and Polmos Lublin in 2007, said earlier this week that it recorded share gains in Poland, Czech Republic and Italy last year versus 2007.

In Poland, Polmos Lublin's market share grew from just below 7% two years ago to 20% by the end of 2008, thanks mainly to vodka brand Zoladkowa Gorzka, the market leading flavoured vodka in the country.

In Czech Republic, meanwhile, Stock Plzen-Božkov holds the leading market share of 36%, selling 28m litres of spirits in last year, the group said.

Stock Italy's market share increased from 6.4% to 6.7% in 2008, with the top selling brands being Keglevich, Stock 84 and Stock Original.

"We are delighted with the growth we have achieved in our European operations, which further reflects our position as Central Europe's leading branded spirits producer," said Stock Spirit's CEO, Neil Everitt.

Stock is backed by US private equity fund Oaktree Capital.


Sectors: Spirits

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