Russia: Baltika announces its investment planning in Voronezh region for 2007
During the days of Voronezh beer factorys anniversary, the brewing company Baltika announces its investment planning in the region for 2007, Russian Beerunion announced on December 14.
On December 15, 2006 the Voronezh brewery - branch of joint stock company Yarpivo, celebrates its 70th anniversary. Within the holidays, the president of the brewery company Baltika Anton Artemyev declared about his plans concerning the further enterprises development as a branch of the united company Baltika.
Association with "Baltika" will give a new impulse to Voronezh factorys development.
For 2007, productions scale modernization is planned. Investments will be directed for the purchase of the newest equipment, development of the logistic system, improvement of productions quality, construction of new industrial premises, installation of new production lines.
The total amount of investments into Voronezh regions economy will exceed 9 million dollars.
From 2007 the factory will produce popular brands like: "Slavnoe", "Voronezhskoe", Bolshaia Krujka, Yarpivo, Jigulevskoe.
The size of taxes paid in all level budgets is forecasted to more than 330 million rub in 2007.
The anniversary of the Voronezh brewery - one of the oldest enterprises in the companys structure - has coincided with the last stage of the association of Baltika"," Vena "," Pikra" and "Yarpivo. This event symbolically finishes the year, one of the most important for the further development of the company and for the entire brewing branch, Anton Artemyev said.
Today Voronezh brewery is the leader of the food-processing industry in the Central Chernozem region. The enterprises production corresponds to the most strict world standards, with 44% of Voronezhs area market and 38% of its city market.
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