Archives for July 13, 2004

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Russian investor takes stake in Sun Interbrew

The Alpha Group, a private Russian financial company, has confirmed that it is has bought a 10.4 per cent of the voting shares in Russia's number two brewer, Sun Interbrew for an undisclosed sum. The move gives the investor its first serious stake in...

Carlsberg delists Okocim in Poland

Danish brewing group Carlsberg has confirmed that the EU Commission of Securities and Exchanges has approved its application to delist its 93.73 per cent stake in Polish subsidiary Carlsberg Okocim from the Warsaw Stock Exchange.

Lithuanian dairies in line for EU export subsidies

Dairy producers in the Baltic State of Lithuanian are in line to receive up to €20 million in EU export subsidies for products exported to third countries, the country's Institute of Agrarian Economics is forecasting.

Ukraine vodka producer to invest a further €14 million

Nemiroff, one of the leading producers of vodka in the Ukraine, says it will invest in two more bottling lines for its newly opened plant in the town of Nemirov. The extension will increase production of both its vodka and alcopops lines in an...