15:00 HEINEKEN CLOSES 2008 WITH 2.3 B RUBLES IN LOSSES | |
According to the SPARK database, the brewer's revenue in 2008 came to 16.86 billion rubles, up 54% from 10.93 billion rubles posted in 2007. Losses from sales came to 1 billion rubles against 993 million rubles in profit for 2007. Heineken bought its first Russian brewery
in 2002 when it acquired Bravo International, which it renamed Heineken
Brewery. Since March 2008, the group has included St. Petersburg-based Stepan
Razin Brewery and Heineken Baikal in The company also owns Volga in Nizhny
Novgorod, Shikhan in To date, the company has spent 1.5 billion
euro in purchasing production facilities in | |
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