may 26, 2004
ST. PETERSBURG, May 26, 2004.
Baltika Brewery has demonstrated the following results for 1Q 2004
march 26, 2004
The restructuring of the sales organization and cost reduction measures initiated in 2003 are the basis for the Baltika brewery confidence in its 2004 results
The year 2003 was a year in which the Baltika brewery introduced significant changes. We implemented an organizational restructuring, launched a process for reorganizing distribution, began to change the marketing policy of the Company, brought on line new production capacity, continued to build warehouse terminals and embarked on a project for construction of a malt making plant. All these processes required that spending be increased significantly and took place against a complex background of rising competition and sharp decline in the market's rate of growth. In this way preconditions were created which could slow the rate of sales growth and negatively influence the Company's operational results as well as cash flow. The first half of the year when the multifaceted restructuring of the system of sales began was most challenging, however in the third and fourth quarters the Company was able to break the negative tendencies and raised sales volume relative to the preceding year.
november 13, 2003
Moscow, 13 November 2003 - Russia's largest brewing company, Baltika, and the leading Russian aluminum can producer, ROSTAR, owned by RUSAL, announced today the signing of a six-year $270 million supply contract.
october 10, 2003
Russian Baltika Brewery will represent the country at the world's largest food industry exhibition, ANUGA, in Cologne.
The Baltika Brewery company was formed in 1990 and is today the largest producer of beer in Russia and Eastern Europe. The company now counts among its facilities the five largest breweries located in a number of different Russian cities. They produce 39 different types of beer. Baltika accounts for 22% of the country's beer market.
september 23, 2003
Before the end of the month BALTIKA Brewery will be shipping the first consignment of Kosher beer to Israel.
Delegation of the Israel police officers headed by the Chief of the Israel Boundary service visited BALTIKA on September 23d, on the eve of the shipment. During excursion visitors have examined the technology of the production of the beer, which in the nearest future will be sent to Israel
august 28, 2003
Baltica Brewery demonstrates the positive dynamics of the major indices as compared to the 1st quarter of 2003
In the 1st half of 2003 Baltica Corporation sold 8.0 mil hl of beer. Market share of the company comprised 21.1% by the end of the 1st half of 2003. Export sales increased by 9% as compared to the 1st half of the previous year and comprised 497 thousand hl.
july 22, 2003
According to the exclusive agreement signed between the Baltika Brewery and an Iranian counteragent, the Baltika Brewery will deliver first batches of the Baltika Nonalcoholic #0 beer to Iran in the end of July, 2003. Baltika plans to reach a sales volume of 300 thousand decaliters of nonalcoholic beer by the end of 2004, which will be a 20% share of Iran's overall beer market. The retail price of the Baltika Nonalcoholic #0 beer is expected to be about 30,000 rials ($3 to $4). The high quality of the product as well as the reasonable price and advertising policy will ensure successful advance of the Russian nonalcoholic beer to the Middle East. The beer will be produced in 0.5L cans and delivered by the Caspian Sea via Astrakhan to Iran.
june 4, 2003
The Baltika Brewery Public Corp. has begun producing Baltika Lager #1 in aluminum cans with an original football-style design
Supporting sport activities in Russia has long been a good tradition of the Baltika Company. The Baltika Company has been the General Partner of this year's Russian Football Championship. It was this event for which the introduction of the new Baltika #1 beer brand was dated. The new, original design of the beer can was developed specially for football fans, and, what is more, this Baltika #1 beer has its own special flavor.
june 1, 2003
During the celebrations of the 300th anniversary of St. Petersburg, the Baltika Brewery will supply beer to the Congress Hall where official meetings of presidents of different states and other honorary guests to St. Petersburg will take place.
may 28, 2003
The Baltika-Petersburg Brewery started producing the Baltika Golden #5 beer in original 0.5-L glass bottles. The design of the bottle really fits the exquisite tastes of premium beer connoisseurs.
may 27, 2003
The St. Petersburg Baltika Beer Factory started producing Carlsberg beer in 0.5-L cans. Before a full-scale production of this beer brand was started, the product was sent to Denmark for tasting. The tasting was carried out by TastePanel, a body of professional tasters, who found that the Carlsberg beer produced in St. Petersburg, Russia, was excellent
may 16, 2003
Luiz Fernando Furlan, Minister of Development, Industry, and Foreign Trade of Brazil, and Fernando Furlan, chief of administration of the Ministry of Development, Industry, and Foreign Trade of Brazil, started their informal visit to St. Petersburg, Russia