North West | Retail, FMCG

Baltika’s $123m 2009 investment reported

9 Apr '10
St. Petersburg-based Baltika Brewery reports its last year’s $123m investment projects.

It was a reported three-time drop in investment from 2008.

According to the company, last year two major investment projects were completed, namely, the installing of higher capacity at its Yaroslavl malt-house and a Baltika-Baku upgrade in Azerbaijan.

Baltika is part of the Carlsberg group of breweries; it owns ten sites in Russia and one in Azerbaijan. The St. Pete firm reportedly accounts for 70% of Russia’s entire beer exports.
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Locations: St. Petersburg

Tags: Baltika (6) / investment project (20) / Carlsberg (2) / malt house (0) / Baltika Baku (0) /

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