E-Malt.com News article: 743

Moscow-based beer and beverages combine Ochakovo is planning to build in Tyumen a plant for the production of beer, non-alcoholic beverages and kvass (a lightly fermented traditional beverage), the Tyumen region’s Governor Pavel Mitrofanov announced in a statement. (Interfax)

The plant will be able to brew 100 million litres of beer per year, 20 million litres of non-alcoholic beverages and 15 million litres of kvass. The project price tag is estimated at $50 million and the construction will be done in the period 2004-2006. “The regional administration and Ochakovo are looking to ink a partnership deal in Moscow soon,” Mitrofanov said.

According to the project deal, Ochakovo assumes responsibility for providing the needed funding and material requirements for the project and setting up production facilities in Tyumen. The regional administration is obligated to extend tax breaks provided by regional law, notably on taxes for investment project profits, excises, property created in the course of realizing the project and rent payments. The region has offered the company two sites for production facilities, one at a former meat-processing plant and the other at Tyumen Motor Works. The new brewing premises will be able to meet around half the Tyumen region’s beer needs.

Ochakovo general director Vladimir Antonov has confirmed for Interfax that talks are under way on the construction with the Tyumen region. “All the numbers are preliminary so far,” he noted. Ochakovo, one of Russia’s biggest beer and beverage producers, was set up in 1978 and privatized in 1993. Its workforce holds all the company’s stock.


10 March, 2003