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Beam's expansion hits Putin's crackdown on alcoholism
date:Nov 08, 2012
60 rubles ($53) at the high end. Jack Daniel's can go for 2470 rubles ($79). By contrast, Green Mark, the best-selling vodka in Russia, sells for about 181 rubles ($6) for a half-liter bottle.

Since spinning off from Fortune Brands last year to become a standalone spirits maker, Beam has looked to expand its presence in emerging markets from Brazil to China. In Russia, Beam is horning in on an import whiskey market dominated by global behemoths such as Diageo and Pernod Ricard SA, maker of the

12/22 01:39