Baltika
 |
|
|
Native name
|
Балтика |
|---|---|
| Limited liability company | |
| Industry | Beverages |
| Founded | 1990 |
| Headquarters | Saint Petersburg, Russia |
|
Key people
|
Isaac Sheps (President) |
| Revenue | RUB 89.3 billion (2012) |
| RUB 6.3 billion (2012) | |
|
Number of employees
|
approx. 9000 |
| Parent | Carlsberg Group |
| Website | www |
Baltika Brewery (Russian: Пивоваренная компания "Балтика") is the second largest brewing company in Russia, leader of the Russian beer market with over 38% market share. Company headquarters is located in St.Petersburg and owned by the Danish brewing company Carlsberg.
The Baltika brand was one of the two Russian brands (together with Lukoil) included in the Financial Times Top100 Most Valuable Global Brands list in 2007. However, Baltika did not enter this ranking in 2009. The Baltika brand is one of the top-three brands in the Interbrand Best Global Brands 2012 report.
Baltika Breweries launched production in St.Petersburg in 1990. After privatization in 1992 the company was reorganized into an . In 1993 Baltic Beverages Holding Brewing Concern became the company's largest shareholder. In 1998 the name of the enterprise was changed to Open Joint Stock Company Baltika Breweries. 2000 saw the opening of the largest Soufflet Malting Plant in Russia built by Baltika in St.Petersburg together with the French company "Groupe Soufflet". The French partners invested approx. $35 million in the project and received 70% ownership of the plant. Baltika covered the rest of the expenses and received 30% of the shares.
At the end of 2006, Baltika merged with three Russian breweries – Vena, Pikra and, Yarpivo, and in 2007 they became one legal entity.
In April 2008, Baltika became part of the International Carlsberg Group. Baltika is now a part of its Eastern Europe region which also includes Azerbaijan, Belarus, Kazakhstan, Ukraine, Uzbekistan, Georgia and Moldova. In 2008 Baltika bought a brewery in Azerbaijan.
The Scandinavian brewing concern Baltic Beverages Holding (part of Carlsberg Group, 100% ownership) is Baltika's main owner. In November 2012 Carlsberg Group finished the buy-out of Baltika shares.
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Wikipedia