5/30/2002 14:00 

The largest Russian brewery Baltika, which is a subsidiary of Baltic Beverages Holding AB (BBH), is building a new brewery in Habarovsk in Eastern Siberia. The population of the Habarovsk-region is approx. 10 million.
 
The capacity of the new brewery will be 1 million hl, and the brewery is scheduled to start brewing beer in the summer of 2003. The investment is expected to be around USD 50 million.
 
The new brewery will further strengthen BBH's market position in Eastern Russia. At the same time it will result in lower distribution costs of Baltika beer, which is the biggest beer brand in Russia. Today, Baltika beer is brewed at breweries in the Western and Southern part of Russia.
 
BBH's market share is approx. 33 per cent and the prerequisite for an increase in growth is extension of the capacity, partly by building new breweries and partly by increasing the capacity of existing breweries. The new brewery in Habarovsk is the third new brewery BBH has decided to build this year.

Further information:

Paul Bergqvist, Executive Vice President
+45 33 27 20 60
 
Margrethe Skov, Public Affairs Director
+45 33 27 14 10