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Newsletter Summary

Currency rates
Equities of largest breweries
Market prices change trend
Top industry news
Brewery news
Malt news
Barley news
More news
Scientific Digest
Theoretical malt prices
Malting barley prices
Barley price evolution
Table of the week
Graph of the week
On These Days
Agenda
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Average market prices
Change trend

03 July - 05 July 2006
Crop 2005
2rs Barley €116.00-118.00   
6rw Barley €104.00-106.00   
2rs Malt €252.50-254.50  0.20%
6rw Malt €236.00-238.00  0.21%
Crop 2006
2rs Barley €115.00-117.00  0.07%
6rw Barley €104.00-106.00   
2rs Malt €245.50-247.50   
6rw Malt €230.50-232.50   

Note: Just click on the price link and you will be led to our Market Price History. Average barley market prices are French and are estimated on FOB Creil basis.
The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.


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Newsletter 26b, 2006

See this Newsletter!
Newsletter 26a, 2006

See this Newsletter!
Newsletter 25b, 2006

See this Newsletter!
Newsletter 25a, 2006

See this Newsletter!
Newsletter 24b, 2006



Market price evolutions

The evolution of market prices for barley and malt, which are periodically issued with e-malt.com newsletters are published on e-malt.com site in Market Prices section. Just click here!


Available market price evolutions


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All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.


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E-malt.com Newsletter 27a
July 03 - July 05, 2006

Quote of the week

"Education is an ornament in prosperity and a refuge in adversity."
Aristotle


Currency Rates
Base Currency: Euro, EUR
on 05-July-2006

1 EUR = 1.2803 USD
1 EUR = 0.6941 GBP
1 EUR = 1.422 CAD
1 EUR = 1.7204 AUD
1 EUR = 146.726 JPY
1 EUR = 2.785 BRL
1 EUR = 34.3767 RUB
1 EUR = 10.2485 CNY
Base Currency: US Dollar
on 05-July-2006

1 USD = 0.7811 EUR
1 USD = 0.5421 GBP
1 USD = 1.1106 CAD
1 USD = 1.3435 AUD
1 USD = 114.606 JPY
1 USD = 2.1752 BRL
1 USD = 26.8497 RUB
1 USD = 8.0045 CNY

EUR/USD Chart

Equities of the Largest Breweries

Top Industry News
Australia & India & Vietnam: Australia's Foster's may soon sell India, Vietnam breweries... Click here

Japan: Kirin Brewery estimates domestic January-June beer sales climbed 11%... Click here

UK: Green King posts £818.6 million revenue for the 52 weeks ended 30/04/06... Click here

Poland: The race is on to buy Łomza Brewery... Click here

Russia: Baltika Breweries becomes the majority owner of Pikra, Vena and Yarpivo... Click here

Kosovo: Peja Brewery purchased for EUR11.1 million... Click here

Denmark & Finland & Sweden: Despite slow improvement of malt prices, breweries still reluctant to buy... Click here

Bulgaria: Barley yield rises in northern region of Tirgovishte... Click here

More News
Russia & Netherlands: Heineken aims for 20% Russian market share in 5 years ... More Info

Japan: Asahi Breweries H1 profit to miss target-paper ... More Info

Czech Republic: Budejovicky Budvar CEO says Budvar does not give up dispute with Anheuser-Busch ... More Info

UK: SABMiller acquires Sparks® and Steel Reserve® brands from McKenzie River Corporation ... More Info

Ukraine: Domestic malt production climbed to 349,300 t in 11 months of 2005/06 FY ... More Info

Poland: Beer sales increased by 2.3% in the first quarter 2006 ... More Info

UK & Russia: Scottish & Newcastle posts an unshaken faith in Russian beer market despite Morgan Stanley pessimistic previsions ... More Info

Canada: Minimum selling price of beer is too much below in Quebec ... More Info

Russia: OOO Russky Solod increased prices of A and B Specifications malt ... More Info

USA: Abita Beer Co. LLC sales climbed 27 percent by May 2006 to $4.9 million ... More Info

Japan: Kirin Brewery completes delisting from the London Stock Exchange and exclusion of its ADRs from NASDAQ ... More Info

UK: Daniel Thwaites Brewery Plc announced pre-tax profits decline to £11.6m in the year to 31 March 2006 ... More Info

Australia: Lion Nathan looks to buy Independent Liquor ... More Info

Tanzania: Tanzania Breweries Ltd. released group operating profit of US$68.25 million for the 2005/06 FY ... More Info

USA: Anheuser-Busch and beer distributor BudCo donate $310,000 toward San Antonio downtown improvements ... More Info

Estonia: AS A. Le Coq Tartu and Saku Õlletehase AS to increase prices of their production by 0.5-12% ... More Info

USA: City Brewing Co. to upgrade equipment at Latrobe Brewing Co. if purchasing deal completed ... More Info

Singapore: Asia Pacific Breweries shares gained 1.8% from Singapore Exchange (SGX) shares ending flat ... More Info

Kenya: East African Breweries Ltd donated Ksh 5.7 to African Medical and Research Foundation ... More Info

UK: WestLB cuts SABMiller price target to 1,120p ... More Info

Russia: Ex-owners of “Stepan Razin Kombinat” to reconstruct “Malt and beer plant” ... More Info

USA: Gordon Biersch Brewery Restaurant Group to postpone initial public offering ... More Info

Vietnam: Beer festival to open in Nghe An province ... More Info

USA: Pyramid Breweries CEO John Lennon resigns, Scott Barnum named successor ... More Info

Singapore & Thailand: Thai Beverage stays flat on Singapore Exchange although market support ends ... More Info



Brewery News
Australia & India & Vietnam: Australia's Foster's may soon sell India, Vietnam breweries

Australia's Foster's Group Ltd. is expected to soon offload breweries in India and Vietnam, and license out Asian rights to its flagship beer, as part of its international brewing revamp, Reuters communicated July 03.

A sale of the assets and Foster's lager licensing rights could bring in around AU$150 million (US$111 million), some analysts said, as the company allows larger international brewers with greater economies of scale to drive supply of the brand in Asia. The company has sold its Foster's beer brand in Europe to Scottish & Newcastle Plc. and its loss-making China brewery to Japan's Suntory Ltd., leaving the remaining Asian breweries next to be sold.

"It is highly likely as long as they can find a buyer. CommSec analyst Pierre Grobler said. "Our view is that it makes sense for Foster's to take more of an intellectual property approach where they manage the brand and someone else distributes and manufactures it."

Foster's has invested more than AU$100 million in the Vietnam and India breweries since the late 1990s.

Potential bidders for the Asian assets include Singapore-based Asia Pacific Breweries Ltd., 42.5 percent owned by Dutch brewer Heineken and 38 percent by Singapore conglomerate Fraser & Neave.

SABMiller Plc., which has plans to ...
More Info


Japan: Kirin Brewery estimates domestic January-June beer sales climbed 11%

Kirin Brewery Co. estimates that its domestic beer sales in the January-June period climbed about 11% on year to 86 million cases, a company executive said July 03, Dow Jones Newswires released the same day.

Senji Miyake, president of Kirin's beer, wine and spirits division, told a group of reporters that the company expects its beer sales to have grown on year for the first time in seven years. Miyake traced the double-digit increase to the strength of its hit product, "Kirin Nodogoshi," a low-priced beer it introduced last year.

Nodogoshi is one of several competing products in a new category of beer that Japanese brewers created to get around tax rules. Dubbed "the third beer," Nodogoshi and other rival products take advantage of lower taxes on beer made from non-malt ingredients. The market for such beer in Japan has grown quickly and now makes up about 16% of the entire beer market.
But Miyake declined to comment if Kirin's market share exceeded that of archrival Asahi Breweries.

July 03, at 0407 GMT, Kirin shares were up 1.1% at Y1,818 on the Tokyo Stock Exchange.


UK: Green King posts £818.6 million revenue for the 52 weeks ended 30/04/06

The 1799 founded British brewer Greene King Plc released July 04 its preliminary results for the 52 week ended 30 April 2006.

Rooney Anand, Greene King chief executive, commented: “There have been significant developments across all areas of Greene King over the last year and this is reflected in these record results. The results demonstrate our proven strategy that delivers value for shareholders. The new financial year has started well and our pubs are also benefiting from the targeted plans that we put in place for the World Cup. The intrinsic quality of our assets, combined with the passion and talent of our team, along with recent acquisitions, give us confidence that there are exciting opportunities to deliver further growth in the future.”

The Chairman reported another year of strong profit growth for the 52 weeks ended 30 April 2006. These results include contributions from Ridley’s, acquired in July 2005 (43 weeks) and Belhaven, acquired in October 2005 (30 weeks). Revenue for the year was up 16% at £818.6m and operating profit increased by 21% to £190.9m. Operating profit margin was therefore 23.3%, up 0.9 percentage points.

Greene King’s profit before tax and exceptional items rose by 25% to £119.6m. Over ...
More Info


Poland: The race is on to buy Łomza Brewery

Polish Łomża Brewery (LB), belonging to bourse-listed Pepees, is on sale, the Warsaw Business Journal posted on July 3.

Carlsberg is offering at least zł.125 million for a 100% stake, depending on the results of audit that the company has been conducting in the brewery.

Danish Royal Unibrew is also interested and may announce a call for shares of Pepees. Should Royal Unibrew acquire Łomża Brewery in this way, they would control Strzelec, Brok and Łomża breweries and possess an almost 49% stake in Perła from Lublin.

Unibrew Poland refused to comment on the issue, but Royal Unibrew admits that acquisitions are included in its development plan.

Pepees also has declined to comment on the various reports and promised to inform investors when appropriate. The supervisory board and LB's largest shareholder, Pepees, are inclined to sell out.


Russia: Baltika Breweries becomes the majority owner of Pikra, Vena and Yarpivo

Baltika Breweries (“Baltika”) announced July 04 that it has become the majority shareholder of the Pikra, Vena and Yarpivo breweries, as a result of a share exchange where Baltic Beverages Holding (“BBH”) exchanged its holdings in Pikra, Vena and Yarpivo for newly issued shares in Baltika. Thus the legal merger of Baltika with Pikra, Vena and Yarpivo is progressing according to plan.

Commenting on the share exchange, Baltika President Anton Artemiev said: “We are pleased that the legal merger of Baltika, Pikra, Vena and Yarpivo progresses according to the time schedule and plan we set earlier this year. The Group is now working with full speed to integrate all operations, sales, distribution and administration. The merger confirms Baltika's position as the largest FMCG company in Russia, and one of the largest breweries in the world. A true Russian champion. ”

As per the merger plan, Baltika issued an additional 48,200,000 new shares in spring. During July, the shareholders of Pikra, Vena and Yarpivo are offered the opportunity to exchange their holdings in these companies for shares in Baltika. The exchange ratios were established by the Board of Directors of Baltika, following a valuation by Deloitte, and ...
More Info


Kosovo: Peja Brewery purchased for EUR11.1 million

Last week the Kosovo Trust Agency (KTA) concluded the procedure of purchasing “Peja Brewery”. The buyer, Ekrem Lluka, has paid the amount of EUR 11.1 million. It is now up to the purchaser to conduct the guaranteed investments and employ 600 people. According to a KTA press release, the buyer has agreed to purchase 5 thousand tons of barley per year from local farms, Economic Initiative for Kosova posted July 04.

“I am very satisfied that this privatization was successful. I would like to thank all parties involved, KTA and “Peja Brewery” for all their hard work and devotion to the negotiation of this important transaction. “Peja Brewery” is a well-known and respected entity and I believe that the transaction will enable development and be of great benefit to Kosovo’s economy,” stated the Head of UNMIK Pillar IV in the KTA press release, reported the papers.

According to Lajm, the third wave of privatization included the “Peja Brewery”, “Grand Hotel and “Iliria Hotel”, all of which underwent special spin off. However, KTA has not yet signed the contracts for the latter.

Malt News
Denmark & Finland & Sweden: Despite slow improvement of malt prices, breweries still reluctant to buy

The warmer the weather the more the Scandinavian Malting Barley market gets frozen, H. Abildstrøm & Co ApS said in a report of July 04. In principal nothing fundamental has changed over the last 3 months: barley developed better than feared, malt prices only slowly improving but breweries reluctant to act, general uncertainty in the malt production circles. In result, buyers and sellers increased prices by around € 2.

The last week warm spell created good conditions for barley growers. What looked uneven and with a few yellow leaves developed above expectations in Denmark and south Sweden. In Finland the same weather boosted tillering and made the latest areas easy to drill. Thereafter temperatures became more human around 22-25 in daytime 11-14 night all over the areas and some showers spread minor amounts of rain in DK and south Sweden but a lot in mid Sweden. Then again warm and sunny period which commenced mid last week – thus Denmark, Sweden and the east of Finland would need some more rain within short.

Barley News
Bulgaria: Barley yield rises in northern region of Tirgovishte

The average barley yield in Bulgaria's northern region of Targovishte is rising. Cultivators recorded a harvest of 300 kilos per decare, which is about 60 kilos higher than in 2005. So far about 20% of the crops have been picked. A total of 53,000 decares have been sown in the region, Sofia News Agency informed July 04.

Scientific Digest
The Impact of Microorganisms on Barley and Malt Quality - A Review
S. N. E. Van Nierop 2 and M. Rautenbach, Department of Biochemistry, University of Stellenbosch, South Africa; B. C. Axcell Department of Microbiology, University of Stellenbosch, South Africa; and I. C. Cantrell, Group Brewing Research, SABMiller, South Africa

Abstract:
J. Am. Soc. Brew. Chem. 64(2):69-78, 2006 Microbial colonization of the barley plant tissue occurs in the field while the crop is growing. Accordingly, all barley grain/seed will have some microflora, although the amount and type of microorganisms may vary. Barley is one of the major raw materials used for brewing, and microflora on barley has long been associated with a number of quality aspects and brewing issues that form the subject of this review. Specifically, this review will focus on the impact of barley microflora on the malting process and malt quality, wort production and resulting wort quality, the fermentation process and yeast flocculation, and the final product (beer) quality. In addition, we will briefly review antimicrobial factors associated with the microflora of plant tissue (including seeds), specifically focusing on how these factors occur, some typical factors, and their possible impact on brewing.
... Load full article, 10 pages, 154 Kb, PDF file


Malting barley prices. French barley prices.
Nominal prices.

EURO = USD 1.2803 July 05, 2006 
 Crop year   2005   2006 
 Parity   FOB Creil   FOB Creil 
 Position   July 2005   July 2006 
Type   Variety  EURO  USD  EURO  USD 
2RS  Scarlett  122.00  156.50  118.00  151.50 
2RS  Prestige  118.00  151.50  117.00  150.00 
2RS  Cellar  116.50  149.50  116.00  148.50 
2RS  Sebastien  116.00  148.50  115.00  147.50 
2RS  Astoria  115.00  147.50  115.00  147.50 
2RS  Cork   114.00  146.00  114.50  146.50 
6RW  Esterel   105.00  134.50  105.00  134.50 
Theoretical malt prices.
  EURO = USD 1.2803 July 05, 2006 
Crop year  2005 
Parity  FOB Antwerp 
Position  July 2006-Sept 2006 
Conditioning  Bulk   In bags  Bulk containers Bags, containers
Malting barley variety  EURO  USD  EURO  USD  EURO  USD  EURO  USD 
2RS  Scarlett  260.00  332.50  274.00  351.00  274.50  351.00  288.50  369.50 
2RS  Prestige  255.00  326.50  269.50  344.50  269.50  344.50  283.50  363.50 
2RS  Cellar  253.00  324.00  267.50  342.50  267.50  342.50  282.00  361.00 
2RS  Sebastien  252.50  323.50  266.50  341.50  267.00  341.50  281.50  360.00 
2RS  Astoria  251.50  321.50  265.50  340.00  265.50  340.00  280.00  358.50 
2RS  Cork   250.00  320.00  264.50  338.50  264.50  338.50  279.00  357.00 
2RS   Average price  253.50  324.50  268.00  343.00  268.00  343.00  282.50  361.50 
6RW  Esterel   237.00  304.50  252.50  323.00  252.50  323.00  266.50  341.50 
Asia Malt 70/30  249.00  318.50  263.50  337.00  263.50  337.00  277.50  355.50 
**  Asia Malt 50/50  245.50  314.50  260.00  333.00  260.00  333.00  274.50  351.50 

NB: Prices published are theoretical malt prices including financial cost, THC (for bulk and bags container) and all administrative costs. This prices may fluctuate according to the quantity per delivery and technical specifications.

* - 70/30 = 70% Average two Rows Spring and 30% Six Rows Winter
** - 50/50 = 50% Average two Rows Spring and 50% Six Rows Winter

Theoretical malt prices for crop 2006 are available on site www.e-malt.com/MarketPrices

Australia Barley Price Evolution

Source: ABARE, June 2006

Table of the week

Europe Barley Crop Estimate 2005 and Forecast 2006

Country Year BARLEY  thereof SPRING BARLEY 
    Area
1000 ha
Yield
100kg/ha
Production
1000 t
Area
1000 ha
Yield
100kg/ha
Production
1000 t
Austria  2006  206  43.6  898  142  39.8  565 
2005  192  45.9  881  119  41.8  498 
Belgium/Lux.  2006  54  78.6  424  64.0  26 
2005  50  71.6  358  64.0  32 
Denmark  2006  673  52.7  3 548  515  51.5  2 652 
2005  702  54.1  3 799  563  52.6  2 962 
Finland  2006  565  33.0  1 865       
2005  594  35.0  2 079       
France  2006  1 639  65.4  10 726  524  60.0  3 144 
2005  1 606  65.0  10 439  545  58.4  3 183 
Germany  2006  2 022  60.4  12 218  577  46.5  2 683 
2005  1 964  59.7  11 721  605  46.4  2 808 
Greece  2006  170  20.0  340       
2005  150  20.0  300       
Ireland  2006  157  64.4  1 011  144  62.5  900 
2005  153  55.8  854  140  54.0  756 
Italy  2006  330  37.0  1 221       
2005  320  37.5  1 200       
Netherlands  2006  43  65.0  274.3  41  63.0  258 
2005  53  63.6  338  50  63.3  317 
Portugal  2006  36  15.0  54       
2005  6.0       
Spain  2006  3 136  26.2  8 216  2 370  25.0  5 925 
2005  3 200  13.9  4 449  2 310  14.4  3 324 
Sweden  2006  314  47.4  1 328  308  42.1  1 296 
2005  373  42.5  1 587  368  42.3  1 555 
U.K.  2006  928  60.1  5 503  535  55.0  2 943 
2005  941  58.9  5 545  558  54.9  3 065 
TOTAL EU-15  2006  10 273  46.4  47 627  5 160  39.5  20 392 
2005  10 316  42.1  43 474  5 261  35.2  18 493 
Cyprus  2006  50  8.0  40       
2005  50  22.0  110       
Czech Rep.  2006  520  41.5  2 156  400  41.0  1 640 
2005  521  43.8  2 280  396  43.5  1 721 
Estonia  2006  125  21.0  262  123  21.0  258 
2005  142  25.8  366  141  25.8  364 
Hungary  2006  311  37.0  1 162  133  35.0  465 
2005  324  26.4  1 227  151  35.0  519 
Latvia  2006  142  20.0  284  140  20.0  280 
2005  149  18.6  277  146  18.6  272 
Lithuania  2006  305  24.1  737  295  24.0  708 
2005  349  27.2  949  342  27.0  923 
Malta  2006  26.0       
2005  27.5       
Poland  2006  1 110  32.5  3 612  960  32.0  3 024 
2005  1 110  30.8  3 420  960  30.0  2 880 
Slovakia  2006  220  39.0  857  190  38.0  722 
2005  206  38.8  800  172  37.2  640 
Slovenia  2006  16  33.0  52       
2005  15  39.6  61       
TOTAL new 10 members  2006  2 800  32.7  9 165  2 241  31.7  7 097 
2005  2 868  32.8  9 409  2 309  31.4  7 243 
TOTAL EU-25  2006  13 073  43.4  56 792  7 401  37.1  27 490 
2005  13 184  40.1  52 883  7 570  34.0  25 736 
Romania  2006  300  21.75  652.5  140  18.0  252 
2005  291  24.5  958  165  21.0  347 
Bulgaria  2006  240  25.1  603  35  22.2  78 
2005  242  25.6  620  30  22.0  66 
Serbia  2006  120  34.5  408  60  28.0  168 
2005  140  32.3  452  70  27.5  193 
Croatia  2006  50  30.0  150       
2005  45  31.0  140       
Bosnia  2006  20  25.0  50       
2005  20  25.0  50       
Macedonia  2006  35  25.0  88       
2005  55  25.0  138       
Albania  2006  10  30.0  30       
2005  10  30.0  30       
TOTAL Non EU  2006  775  2.6  1 981  235  2.1  498 
2005  903  2.6  2 387  265  2.3  606 
TOTAL EUROPE 31  2006  13 848  42.4  58 773  7 636  36.7  27 987 
2005  14 087  39.2  55 270  7 835  33.6  26 341 
Source: COCERAL, June 29, 2006
Newsletter SummaryTop
Graph of the week


These Days in Business History
03 July
1790 In Paris, the marquis of Condorcet proposed granting civil rights to women
1878 John Wise flew the first dirigible in Lancaster, PA.
1886 1st New York Tribune printing using 1st commercial linotype machine
1886 In Germany, Karl Benz drives 1st automobile
1903 The first cable across the Pacific Ocean was spliced between Honolulu, Midway, Guam and Manila.
1928 1st color TV broadcast in London (John Logic Baird)

04 July
1776 The U.S. declared independence from Great Britain.
1876 1st public exhibition of electric light in SF
1884 The Statue of Liberty was presented to the United States in Paris.
1886 1st scheduled transcontinental passenger train reaches Pt Moody, BC
1952 Canadain Currency, Mint and Exchange Fund Act allows gold coins of $5, $10, and $20 to be minted

05 July
1643 1st recorded tornado in U.S. (Essex County, Massachusetts)
1841 Thomas Cook opens 1st travel agency
1922 1st general election in Netherlands
1948 The British government adopts the National Health Service Act
Agenda
July 2006:
Belgium Comes to Cooperstown , USA.
New York City Babblefest
American Beer Month July, 2006 What is American Beer Month
Qingdao International Beer Festival, China. Barley and hops and more
Interwine China - 2006. 2 nd International Trade Fair of Wine, Brewing...
Bevtek & Brewtek China - 2006. International Beer, Brewing & Beverage Production,Bottling...
Olesummer Festival 2006, Estonia. The Nordic countries' largest festival
The Beer World - 2006,Saransk, Russia.The specialized exhibition
Portland International Beerfest , USA. Taste the greatest beers
The Forth Annual Empire State Brewing & Music Festival
Witton Castle country and western festival
Brew at the Zoo Beer Tasting and Free Food.


August 2006:
GBBF Great British Beer Festival
IHGC Hop tour
10th International Berlin Beer Festival 2006
Toronto’s Festival of Beer is Canada’s premier beer festival
Agrokomplex 2006 , Slovakia. International Fair of Agriculture and Food Industry
Bank Holiday Weekend and International Beer Festival , UK.
Northern Crops Institute Course 2006 Barley Malt Quality Evaluation


September 2006:
8th BELGIAN BEER WEEKEND The Belgian Brewers’ association
World of Food China - 2006. International Exhibition and Conference for the Food
Beverages - 2006,Belgorod, Russia.Specialized exhibition.
CHINA BREW & BEVERAGE International Brew and Beverage Processing Technology and Equipment
International Brewery and Soft Drinks Industry Exhibition
Riga Food 2006.
The Great Canadian Beer Festival
2nd Bruxellensis Festival
Jean De Clerck Chair XII: Flavours in Beer , a post academic training
Fine Food Australia. Australia's largest exhibition for the food and beverage industry...
TecnoBebida Latin America International Exhibition of Technologies for the Beverage Industry
EXPO Food & Drinks - 2006, Armenia. The 4th Interhational specialized exhibition.
AtyrauFood - 2006, Kazakhstan.5-th North-Caspian Regional Exhibition
Munich Oktoberfest.The world's biggest beer festival.
World Grains Summit: Foods and Beverages San Francisco, California U.S.A.
International Beer Competition 2006 Japan.
FoodWeek Uzbekistan - 2006.11th Annual International Exhibition of Food and Drinks.
Northern Crops Institute Course 2006 Grain Procurement Management for Importers
World Food Moscow - 2006.The 15th International exhibition "All world of food".
The 15 AllUkrainiane forum of food-processing industry - 2006.
Great American Beer Festival® September 28 - 30, 2006.
Farmer of Kazakhstan - 2006.The 4th Kazakhstan international exhibition.


More events are available on site e-malt.com
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