Russian brewery ZAO Volga sold 70 million litres of beer in 2003, a 47% rise versus last year, the company told Russian media. The brewery reported a revenue of 846 million Russian Ruble (US$28.7 million) 78% up compared to 2002. The company's share of the Nizhny Novgorod Region beer market went up to 36.8% from 30.4%. Volga is controlled by the Central European Brewing Company, the major shareholder of which is Wimm-Bill-Dann Foods.

26 March, 2004