E-Malt.com News article: 990

Tinkoff, the Russian brewery, is trying to rise between $US 5m and US$ 7m by placing a quarter of its shares among portfolio investors, according to the company’s statement from April 28. It went on to say that this total could risr to 50% by 2005 and may also be followed by an initial public offering, the statement said. No other details were available.
Tinkoff group includes Interbir and Novye Tekhnologii (New Technologies) companies. It also runs a brewery in Pushkin and restaurants in Novosibirsk, Samara, St. Petersburg, and Moscow.


30 April, 2003