E-Malt.com News article: 336

Yarpivo, one of Russian top five beer makers, is intending to purchase Voronezh Brewery, Olga Belyusova, Yarpivo’s economics director, reported to the Russian press on August 15.

At the moment Yarpivo owns 8% of Voronezh Brewery. Baltic Beverage Holdings (BHH), a co-owner of Yarpivo, controls 69.2% of the Voronezh plant and has invested US$5 million in its first phase of reconstruction. So, the deal will be concluded between Yarpivo and its co-owner BHH.

Analysts predicts that the brewery will brew 40 million liters of beer this year and 60 million liters next year.


16 August, 2002