Belarus: The construction of a new Belarus-Czech brewery is planned to be started in Grodno this year. This event will increase several times the Belarus demand for brewing barley. The joint Belarus-Czech enterprise OOO “Kuntzevsky pivovar, 1877” has already been registered. The owners of the new company are Belarus company Conversion-Invest, which owns 60%; Czech company Aragast with 31% and Grodno Brewery with 9%. The project, which includes construction of the plant and modernization, requires EUR 11.5 million.

The production capacity of the new brewery will come to 20 million litres of beer per annum. According to analysts 40% of the production is planned to be sold on internal market the rest is to be shipped abroad. The enterprise is to start brewing on January 1, 2006.

24 October, 2004