SABMILLER OPENS THIRD RUSSIAN PLANT AMIDST SALES GLOOM
October 1st, 2010
BY EUGENE VOROTNIKOV
SABMiller RUS, a subsidiary of SABMiller plc, has warned of declining beer sales in Russia, despite officially opened its third plant in the country. The new plant is located in the city of Ulyanovsk, on the River Volga, with an initial annual capacity of 3 million hectolitres, and costing Russian Roubles RUB7.2 billion (US dollars USD216 million) to build. Despite this expansion, the company expects further decline of its sales in Russia this year, noting that even record-breaking hot summer has not helped to offset a fall in demand caused ...
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