Baltic Beverages officially opens new brewery in Central Asia
Dated: 19 September 2007
Sweden-based Baltic Beverages Holding (BBH) has launched its new brewery in Tashkent, Uzbekistan, which it invested US$69 million (€50 million) in building as well as training and development of marketing and distribution systems.
Shipments of its first local brand, Sarbast, has already begun and the initial planned capacity of the plant is one million hectolitres a year, with the potential to double the capacity by the end of 2008.
With a population of approximately 27 million, a stable economy and growing level of beer consumption, BBH believes the Uzbekistan market has the potential to grow strongly.
The new business, Sarbast Plus, is a joint venture with a local partner, where BBH controls a 75.1 percent stake.
It will create 300 new jobs, while supporting new jobs in auxiliary companies.
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