Bobruisk-based Syabar Brewing Company increased the output of beer by 51.6% on the year in January-November 2007, a company representative told Interfax.
Over the period in question the company produced 5.08 million decalitres of beer. According to the Belarusian food industry concern (Belgospischeprom), Syabar's share of the national beer market was 15.4% in January-November.
Syabar offers beer under Bobrov brand, which comes in three kinds: Bobrov Light, Bobrov Heavy, Bobrov Classical. The beers are available in glass and PAT bottles with ranging capacity 0.5-2 litres. Besides, the company makes two kinds of beer under Syabar brand: Original and Light.
The company exports part of the output to the Russian Federation. The brewery may soon conclude export contracts with other CIS states and Israel, the source reported.
In 2008 the company's production capacity is expected to reach 17 million decalitres, and 20 million decalitres in 2009.
Syabar Brewery CJSC JV (previously known as Belarusian Brewery CJSC JV) was registered in February 2004. The company was set up by Detroit-Belarus Brewing Company LLC (DBB Company), whose founders are American investment group Detroit Investment Ltd. and the International Finance Corporation, and Dednovo OJSC (Bobruisk, Mogilev Region).
The company has $8.2 million in statutory capital and over $23 million in assets.