Baltika Breweries to Double the Project Capacities of the Brewery in Novosibirsk
OREANDA-NEWS. The decision about the increase of the enterprise project capacity was made on the 2006 results.
The first in the Western Siberia brewery — Baltika-Novosibirsk - will produce 4.5 million hectoliters of beer per year; the investments into the project will amount to 130 million Euros.
The construction of the eleventh brewery of the biggest brewing company in the country in Novosibirsk was announced in December of 2006. Then the project was estimated as 65 million Euros. As a result of the capacity increase, the amount of investments will be doubled.
The construction will be financed by the own resources of the Company and completed to the season of 2008.
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