Baltika falls due to costlier raw materials, FINAM says

‘Some beer manufacturers have to provide themselves with their own resource base (which generally means barley),’ FINAM Management Company’s analyst Maxim Klyagin announced in the course of a recent press conference.

‘In 2007, for instance, the main reason for Baltika beer becoming a less profitable product to deal in was the growing costs of buying substantially more expensive raw materials and having them transported,’ he said.