Kremlin Plans to Sell Own Brands of Vodka, Beer, RBC Daily Says
By Yuliya Fedorinova -
2011-12-08T06:49:51Z
The Kremlin plans to sell alcoholic and soft drinks under its own brand to increase revenue, RBC Daily reported, citing Victor Khrekov, an official in President Dmitry Medvedev’s administration.
The Kremlin has registered six trademarks so far, including Kremlin Vodka, Kremlin Beer and Kremlin Lemonade, and plans to license the rights to make those drinks to producers and collect royalties on sales, the Moscow-based newspaper said today.
To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net
To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net
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