17 July, 2005

Russia: Baltika Brewery’s share in Russia's total beer exports amounts to 80 %

Russian beer giant, Baltika Brewery, is intending to boost its exports by 20 % in 2005 compared to 2004, the company's press service has recently announced. In 2004, the company increased its exports by 14% to 1.13 million hl against 2003, and is planning to increase its exports to 1,35 million hl in 2005.

Baltika's export revenue grew by 23 % to USD 50 million in 2004 compared with 2003. The share of exports in Baltika's total sales stood at around 6 %. Baltika exports its products to 38 countries. In 2004, the company hit new markets - China, Australia, Tajikistan, New Zealand, Belgium, Poland, Cyprus, Cuba, and Taiwan, as well as Georgia, Armenia, Norway and Ireland in 2005. In October 2005 Baltika plans to start exports to South Africa and Finland. The company's share in Russia's total beer exports amounted to 80 %.

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