E-Malt.com News article: 2514

Russia: Moscow based Brewery Ochakovo sold 157 million litres of its production in the first quarter of the year that is 3% more than in the same period last year. The brewery sold 122 million litres of beer, 100.1% more versus the first quarter of 2003.

The company produced 7.5% less beer in 2003 then in 2002 from 572 million litres to 532 million litres of beer. Ochakovo is the largest national brewery without any foreign investments. According to Business Analitika last year the company controlled 7% of beer sales in Russia. In 2003 Ochakovo sold 704 million litres of beverages.

This year the company intends to increase its beer output. According Ochakovo, sales volumes of beer will increase by 5-7% in 2004. The increase will come from selling new brands, which the brewer is to launch this year. The company plans to sell about 10 million litres of its first licensed brand Altstein, 5 million litres of another licensed brand, which name was not revealed and 10 million litres of a local brand.


21 April, 2004