China is set to become the world’s second biggest wine market by 2020 when sales of…
Topic: Alcohol & Tobacco
Asahi agrees to pay $7.81bn for SAB Miller’s East European brands
Asahi Group Holdings, the Japanese brewer and soft drinks manufacturers, yesterday agreed in principle to acquire…
Alliance-1892 to build first Russian whisky distillery in Kaliningrad
Wine and cognac producers Alliance-1892 is planning to build the first ever Russian whisky distillery in the exclave…
Changyu winery looks to boost Chinese wine imports through overseas M&A
Chinese wine imports: China’s Yantai Changyu Pioneer Wine is looking to expand its network of overseas…
Russian vodka exports to CIS fall by 72%
Russian vodka exports fell by 36% in the first six months of 2015, according to figures…
Moscow beer prices top rankings despite rouble’s decline
Buying a beer in a bar or supermarket in Moscow is still more expensive than anywhere…
China looks to grow tobacco in Crimea
A delegation of Chinese businessmen has been discussing the possibility of growing tobacco in Crimea to…
Heineken turns to kvass as russian beer market dries up
Heineken turns to kvass: With Russian demand for beer in decline, Dutch brewer Heineken has begun…
Russian beer prices hit 17 year high
Russian beer prices are at a 17-year high as the market is squeezed by government regulation and falling consumption, according…
BAT Russia reports 40% increase in investment for 2014
British American Tobacco subsidiary BAT Russia invested RUB2.2 in its St Petersburg and Saratov plants last…
Heineken launches Feilong rice beer brand in Siberia and Russia’s Far East
Heineken launches Feilong: Heineken has launched a new brand of rice beer for Russia’s Far East and Siberian…
Restrictions on alcohol advertising may be lifted in anti-crisis drive
Restrictions on alcohol advertising: Russia’s Deputy Minister of Communications and Mass Media Alexei Volin yesterday called for…
Carlsberg to shut Baltika breweries in Chelyabinsk and Krasnoyarsk
Carlsberg to shut Baltika breweries: Denmark’s brewing giant Carlsberg is to close its Baltika breweries in Chelyabinsk…
Russian vodka production hits record low as black market booms
Russian vodka production declined by over 22% last year – its fastest rate since modern records…
Kazakh ban on Russian alcohol sales to be repealed
Kazakh ban on Russian alcohol sales: Just days after Kazakhstan slapped a ban on the sale…
Russian tobacco and alcohol advertising ban under review
Russian tobacco and alcohol advertising ban: Russia’s Ministry of Communications is ready to put its support behind…
Russian beer and vodka brands banned from Kazakhstan
Several Russian beer and vodka bands have been banned by Kazakhstan on the grounds that they do…
Azerbaijan wine industry gets government funding
Azerbaijan wine industry: The government in Azerbaijan is to put funds into the development of the country’s…
Russian tobacco firms put up resistance to minimum price proposal
Russian tobacco firms have sent an open letter to President Putin voicing their opposition to the proposal…
Russian online alcohol sales ban set to be partially lifted
Russian online alcohol sales ban: The Russian government has instructed the Federal Service for Alcohol Market Regulation…
Oasis Beverages buys American brewers Pabst
Oasis Beverages has joined forces with private equity fund TSG Consumer Partners to buy the American brewing company…
Moscow liquor licence warning
Moscow liquor licence warning: More than half of Moscow’s stores and restaurants could lose their liquor licenses if they…
Russian vodka consumption falls
Russian vodka consumption fell year-on-year by 4.8% in the first five months of 2014, according to Rosstat.…
Top 50 Russian subsidiaries generate RUB176bn for parents
Russian subsidiaries: The top 50 subsidiaries of foreign corporations based in Russia generated RUB176bn for their parent companies…