20 Jul 2009 19:02

Sub InBev puts over 100 mln euro in beer production in Perm Territory in 2000-2008

MOSCOW. July 20 (Interfax) - Sun InBev, between 2000 and 2008, invested over 100 million euro in the development of beer production in the Perm Territory, the company said in a press release.

During this period, beer production in Perm Territory increased to 3.5 million hectoliters annually.

Sun InBev's plans include further development of its facility in Perm. The company plans to build infrastructure such as purification plants.

OJSC Sun InBev's Perm branch is one of the biggest taxpayers in the territory. The company transfers 500 million rubles every year to the territory budget. Sicne 2008, the company's tax payments have increased 700%.

SUN InBev exported 450,300 hectoliters of beer in 2008. Export revenue did not exceed 2% of total revenue. The main buyers of SUN InBev products were Kazakhstan, Kyrgyzstan, Belarus, Georgia, Germany and Baltic countries.

InBev was founded in August 2004 via the merger of Interbrew and AmBev. SUN InBev is the second largest beer producer in Russia with a roughly 20% market share. It includes eleven breweries that produce Stella Artois, Beck's, Brahma, Staropramen, Hoegaarden, Sibirskaya Korona, Klinskoye, Tolstyak and BagBeer.