Baltika-Baku Invests in Brewery Extra USD 6 Million in 2010
OREANDA-NEWS. May 14, 2010. In 2010, capacity of engineering divisions will be raised in a brewery of Baltika-Baku.
Director General of Baltika-Baku LLC Adam Tlehuray said Baltika company as a major shareholder of the brewery of Baltika-Baku continues to invest in improvement of activity of the plant in Khirdalan.
“Baltika company has already carried out reconstruction of a platform. Investments amounted to USD 20 million totaling upon completion of the investment program. Presently, work is carried out to increase engineering capacities of the brewery. For the purposes, extra USD 6 million will be directed in 2010. Work will be finished by the beginning of summer of current year,” A. Tlehuray said.
Presently, production capacity of Baltika-Baku brewery makes 10 million decalitres per year. Baltika purchased the brewery in Azerbaijan in August, 2008, as a result of which, Baltika became a full owner to 90% in brewery Baku - Kastel. Baltika-Baku is the first case of opening the plant by Baltika beyond Russia.
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