DENMARK: FALL IN EXPORTS TO RUSSIA
Article Abstract:
Danish exports to Russia are likely to fall to about DKr 2.5bn (USD 0.34bn) in 1999 from more than DKr 6bn in 1997, says Steven Foster at the Danish Embassy in Moscow. The crisis in the Russian economy has reduced the exports of, especially, foods and consumer goods considerably as prices on the Russian market increased by 300% as a consequence of the reduced value of the Russian currency. However, a new market for raw products and food ingredients has opened up, such as meat to slaughter-houses, malt to breweries etc. In these fields, Denmark's exports have increased lately.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
RUSSIA: BBH ANTICIPATES WEAKER GROWTH
Article Abstract:
Baltic Beverages Holding (BBH), 50% owned by the new Carlsberg Breweries, anticipates weaker growth. BBH CEO Christian Ramm-Schmidt says the brewing company has experienced a long period of strong growth bolstered by an explosive growth in beer consumption in Russia and an increase in the company's market. BBH's sales in 2000, however, reported a 43% growth to 19.3 million hectoliters and a turnover of DKr 4.8bn (US$585mn). Ramm-Schmidt expects the brewer to boost market share also during 2001.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
RUSSIA: HARBOE SIGNS BEER LICENCE DEAL
Article Abstract:
Danish brewery Harboes Bryggeri has signed a licence deal for beer production with the St Petersburg-based brewery Bravo International. Harboe anticipates a turnover of 10mn bottles a month. The advantage with the deal is that the company will not need to pay import and transport fees, says MD Bern Griese.
Comment:
Harboes Bryggeri signs a licence deal with Bravo International.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: DENMARK: PRIZE TO ROCKWOOL. MALAYSIA: ROCKFIBRE ACQUIRED BY ROCKWOOL. CANADA: ROCKWOOL ACQUIRES ENERTEK
- Abstracts: FRANCE/KOREA: KOREAN AIR UPS CAPACITY TO PARIS. AUSTRIA: LAUDA AIR CANCELS LONG-DISTANCE FLIGHTS. US: ANTI-TRUST IMMUNITY FOR AUA, LUFTHANSA, SAS
- Abstracts: DENMARK: PLASTIC PRODUCERS EXEMPTED FROM TAX. Denmark: LR Plast to be closed down. DENMARK: PIPE PRODUCERS SUED BY MUNICIPALITIES
- Abstracts: AUSTRIA: MOTORISTS FACED WITH HIGHER COSTS. AUSTRIA: GERMAN INSURANCE PARTNER FOR TISPA
- Abstracts: AUSTRIA: LOWER YIELDS FOR LIFE POLICIES. AUSTRIA: KEEN DEMAND FOR LIFE ASSURANCE. ITALY: UNIQA BOOSTS PENSION INSURANCE