The Extraordinary General Shareholders’ Meeting was conducted on 1 September 2011 by absentee ballot. Baltika’s shareholders approved the conversion of preference shares to ordinary shares. (more…)
Danish brewer Carlsberg
Local brewers compete with foreign brands for a market already stretched thin by increased taxes and lack of availability. (more…)
On 22 July 2011 the share buyback by Baltika Breweries completed. (more…)
Russian President Dmitry Medvedev has signed into law new amendments that define beer as alcohol for the first time and place restrictions on its sale. (more…)
For decades, Kremlin leaders have been trying to crack down on the consumption of vodka, and its illegal cousin moonshine, in a bid to cut alcoholism and revive life expectancy. Now president Dmitry Medvedev and the state duma are targeting Russia’s favourite ‘non-alcoholic beverage’: beer. (more…)
The meeting will be conducted by absentee ballot. The agenda of the General Shareholders’ Meeting includes approval of the conversion of preference shares to ordinary shares. (more…)
The State Duma approved additional restrictions on alcohol sales in the country Thursday that will end sales of beer at night and from kiosks. (more…)
* Lower parliament chamber may pass bill this week
* Bill’s passage a formality -source
* Beer sales would be banned in shops 11pm-8am, from Jan. 2013
* Total ban at other locations, including outdoor kiosks
* Carlsberg shares slump 4pct; Russia is brewer’s biggest market (more…)
Shares in Danish brewer Carlsberg A/S (CARLb.CO) slid on Wednesday on worries that its largest single market, Russia, could pass a law that would severely restrict beer sales. (more…)
