E-Malt.com News article: 3441

Russia: OAO Krasny Vostok - Solodovpivo brewer says it is to invest up to US$5 billion in 5-year program of agriculture promotion and its integration in processing facilities of Krasny Vostok, Gateway to Russia revealed on October 11. The company's reps have invested RUB 7 billion during a year and a half since the program startup.

With the program implemented, Krasny Vostok is expected to produce 500 million litres of beer, 200 thousand tonnes of grain, 120 thousand tonnes of malt. Milk production is to reach 150 ths tonnes on year, dairy production - 200 ths tons.


12 October, 2004