In Russia, Carlsberg sees beer market falling faster in 2010

June 22, 2010

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The CEO of Carlsberg has said Russia’s beer market could shrink by up to 13% in 2010 following a tax hike in January, according to a report.

The three-fold tax rise on beer will cause volume sales in the Russian market to fall by between 10% and 13% this year, Jorgen Buhl Rasmussen said in an interview with the Dow Jones newswire yesterday (21 June).


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