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Baltika to Build 65 Mln Euro Brewery in Siberia

Source: Reuters
19/12/2006

St Petersburg, Russia, Dec 19 - Russia's top brewer Baltika will build a 65 million euro brewery in Siberia, its 11th in the country, a Baltika official said on Tuesday.

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"The company has decided to build a new brewery in the western Siberian city of Novosibirsk. The brewery will have an annual capacity of 2 million hectolitres," the official, who declined to be named, told Reuters.

He said the project would be launched by the 2008 season.

Baltika, owned by Denmark's Carlsberg and Scottish & Newcastle Plc, has two breweries in Siberia, in Krasnoyarsk and Khabarovsk, but needs more to boost sales in the vast region.

Baltika's nine-month net sales soared 76.6 percent to 1.338 billion euros ($1.72 billion) after it merged with three minor breweries.



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