The buyback will be carried out in accordance with the procedure of buying back shares, as stipulated by the Board of Directors. All shareholders (owners of ordinary and preference shares) can participate in the procedure, regardless of the number of shares they hold. (more…)
The Russian Duma plans to ban beer in PET plastic bottles by 2013, which accounts for nearly half of the Russian beer market. Before the second reading in the Russian State Duma the draft of this ban was incorporated in the so-called “beer law “, as reported by Russian media. (more…)
Russia: results of 2010, forecast for 2011 Beer production and market in figures Beer production and sales in regions Positions of companies Forecast for 2011 Beer market: interactive review Too much regulation Companies’ activity Estimation procedure Beer tasting in different situations Introduction Part 1. Buyer behavior Part 2. Beer tasting General conclusions
The Russian beer market dropped about 6% in 2010 mainly due to tripled excise tax, the president of Anheuser-Busch InBev Central and Eastern Europe, Mr. Francisco De Sa Neto (more…)
By all appearances, Ulyanovsk Governor Sergei Morozov has a good thing going. (more…)
Baltika extends its sincere condolences to the people of Japan, who suffered large scale loss of life and widespread destruction of property, due to recent natural disasters. (more…)
Russia’s Parliament has backed a bill that will define beer as an alcoholic beverage for the first time, in a move that could prompt further sales restrictions for brewers. (more…)
Beer is to be legally classified as an alcoholic drink in Russia for the first time, according to a report. (more…)
Russia has passed an early reading of a bill aimed at restricting sales of strong beer in a move that could hit brewers for a second time following a hike in excise duties last year. (more…)
2010 was a unique year for the Russian brewing industry. At 1 January 2010, the excise duty on beer with 0.5-8.6% ABV was raised by 200%. Baltika minimized the volume impact from the substantial excise duty increase through our pricing strategy of gradual price increases throughout the year, recovery of the market dynamics in the second half of 2010. (more…)
