You're reading: Slavutych to invest Hr 162 million in development in 2012

PJSC Slavutych brewery, one of the largest beer producers in Ukraine, plans this year to invest Hr 162 million in its development, according to a company financial report for last year.

According to the document published in the information disclosure system of the National Commission on Securities and the Stock Market, the funds will be used to increase production capacity, develop logistics and implement innovation projects.

The report notes that Slavutych plans this year to increase its production of beer and other beverages by 1% compared to 2011. Last year, the company’s sales in monetary terms amounted to $442.7 million, which is 20% up on 2010.

As reported, Slavutych is owned by Carlsberg Group, one of the leading brewers in the world.

Slavutych unites three breweries in Zaporizhya, Kyiv and Lviv.