Belarus & Russia: Baltika in talks over new brewery construction on the basis of “Belsolod”

Baltika is considering building a brewery in Belarus, Interfax communicated July 12. As it was mentioned earlier, in May 2006 the Russian brewery announced that it was ready to consider the proposals of Belarusian officials and privately owned enterprises over the establishment of a joint venture, the Ukrainian Agency of Industrial News communicated July 12.

The Belarusian government replicated Baltika by inviting it to participate in “Belsolod” reconstruction. According to a long-term development plan of the brewing industry of Belarus, a brewery with a capacity of 400,000 hl of beer per year is planed to be established on the basis of the largest malting plant of Belarus.

JSC “Belsolod” was established in 1998 on the grounds of Ivanovsk malting plant which begun malting in early 1989. The malting plant implemented the “Golden Stock” in June 2005 allowing the Belarusian government to participate during one year in company’s management.

Belsolod is Belarus largest malt facility. 80% of its production is being currently exported. In 2005, the company produced over 60,000 t of malt. Its aggregate annual capacity is 85,000 t of malt.

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