E-Malt.com News article: 1119

In Russia malting plants use tax remissions, offered for the producers of agricultural products. That is why four out of eight Russian plants of Sun Interbrew have joined into a single company named OAO “United brewing plants”, Russian media reported. On April 30 2003, the four plants Rostar (Omsk), Klinsky brewery (Moscow), Kursk brewing company and Saranskaia brewery have finished the merging into a single company. The shares of the reorganized plants were converted into the shares of the new company.

Sun Interbrew intends to join all its eight Russian brewing plants by the end of the current year, adding to “United brewing plants” Ivanovsk brewery, Bavaria (St. Petersburg), Permsk brewery and Povoljie brewery (Volgograd). The main reason of merging the enterprises is the company tendency to lower the volumes of tax payments. In that way all brewing plants of SUN Interbrew will be able to use the tax remissions, offered for the producers of agricultural products, which are malting plants. At present, only six of eight Russian brewers owned by Sun Interbrew have their own malt-houses.

In Ukraine Sun Interbrew owns three breweries: OAO Iantari, OAO Rogani, ZAO Desna.


23 May, 2003