Baltika Opens Siberian Brewery to Tap Region's `Huge' Potential

Carlsberg A/S's OAO Baltika Breweries, Russia's biggest beer company, opened a brewery in Novosibirsk as it seeks to gain market share in Siberia, a region with ``huge'' potential, President Anton Artemiev said.

Baltika's 11th factory in Russia cost 134 million euros ($211 million) and can make 4.5 million hectoliters (3.8 million barrels) of beer a year, equal to about 10 percent of the company's sales last year, Artemiev told reporters today in Novosibirsk, Russia's third-largest city.