Baltika falls due to costlier raw materials, FINAM says

6 August 2008 (09:46)

‘Some beer manufacturers have to provide themselves with their own resource base (which generally means barley),’ FINAM Management Company’s analyst Maxim Klyagin announced in the course of a recent press conference.


‘In 2007, for instance, the main reason for Baltika beer becoming a less profitable product to deal in was the growing costs of buying substantially more expensive raw materials and having them transported,’ he said.


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