24 January, 2007

Lithuania: Utenos Alus will start the new season as the largest beer maker in the Baltic states

Utenos Alus brewery will invest LTL 20 mln into its development, Baltic Business News reported on January 19. After such an investment injection, the brewery will start the new season as the largest beer maker in the Baltic states.

In early 2006, experts predicted that the beer market would grow 3.5 pct. However, it actually grew 5.2 pct.

According to Imantas Cepulis, Svyturys-Utenos Alus production director, market growth relied on Lithuanians' love for beer, warm weather and imagination of beer makers, who constantly offer new products. Moreover, tourism bolstered market development as well.

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