Scottish and Newcastle defending its Russian beer market

The Scotsman reports (26 April 2005) that S&N shareholders will cheer once again on news that, where growth in beer sales is sluggish throughout Western Europe, in Russia, the Ukraine, the Baltic states and Kazakhstan the trend remains sharply upward. Leading the charge is BBH, the S&N joint venture with Carlsberg, described by one City analyst as "the only sexy part of their beer business." Baltic Beverages Holdings holds three of the top six brands in Russia, amounting to 34 per cent of total market share. Since its foundation in 1991, the Baltika brand has intertwined itself with Russia’s newly prosperous lifestyle. Find the full story here.