Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_Chinese


CASTLE MALTING NEWS in partnership with www.e-malt.com Chinese
31 May, 2006



Brewing news Russia: Baltika files lawsuit against Russian tax authority

Baltika, the Russian joint venture brewery business majority-owned by Scottish & Newcastle and Denmark's Carlsberg, filed May 30 a lawsuit against the tax authority in Moscow, The Herald posted May 31.

The Russian tax authority has demanded that Baltika pay tax arrears of around €14.2m (£9.7m), a spokesman for the company said.

The arrears date back to the fourth quarter of 2003 and the first nine months of 2004. However, a spokesman for Russia's biggest brewer disputed the tax demand as too high, commenting: "We have filed a suit and we will continue to defend our point of view in court."
Earlier this month, Baltika posted a modest gain in first-quarter net income on sales up 13.8% to around £128 million – however, volume had been impacted by distribution difficulties caused by the severe winter weather.

Russia was hit by its coldest winter in a generation, with temperatures plummeting to minus 30 degrees and putting something of a freeze on beer sales. The St Petersburg-based company, which held May 30 its annual meeting, approved a 70% hike in its annual dividend payment.






后退



E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .














We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.     Ok     否      Privacy Policy   





(libra 0.2969 sec.)