Russia: Baltika appoints new marketing and communication director

Alexander Lebedev was appointed director of marketing and communication of Baltika Brewery, said in the company's announcement, according to AK&M, July 17.

Baltika is a leader on the brewery market. It involves 10 plants and 4 entities. The major holder is Baltic Beverages Holding AB (ВВH) having 86.32% in share capital and 91.48% votes.

The 2006-sales gained 1.8mln Gcal or 27% higher prior year.
The IQ net profit (IAS) increased 54% to 57.4mln euro; revenues from sales being up 46.1% to 408.6mln euro; EBITDA - 50.7% to 113mln euro; EBITDA margin - 0.8 points to 27.7%.

The share capital in 2006 was worth 172.71mln rub. split in 159170667 common and 13540115 preferred stocks of 1 rub. par.

18 July, 2007