date:Aug 02, 2012
ic uncertainty and a focus onreturns rather than volumes.
Stiff beer tax hikes
The company said it would decide whether to build a plant in Russias third city, Novosibirsk (Siberia) once the impact of pending legislation relating to kiosk beer sales from kiosks became clearer.
Brewers in Russia are reeling from a combination of stiff tax increases in recent years, a sales ban on beer from street kiosks and stores outside after 11pm from 2013. The Russian government is also poised to tighten r