Locked content Żubrówka becomes the 3rd vodka brand in the world

Polish Żubrówka, owned by Polmos Białystok, was named the world’s TOP 3 global vodka brand in the latest The Millionaires’ Club’s ranking. Only Smirnoff and Absolut was ahead of Żubrówka. Having grown by an unprecedented 1 million 9-liter cases (up to 6.2 million) in 2015, Żubrówka...

Locked content Vodka market to shrink by 1-2% a year

The Polish vodka market is about to shrink by 1-2 percent annually in the coming years, while other categories (whisky, gin, rum, liqueurs and low-alcohol drinks) should see growths, the Association of Employers Polish Spirits Industry (ZP PPS) informed. In 2015, Spirit industry enterprises manufact...

Locked content Luis Amaral acquires stake in Stock Spirits

Western Gate Private Investments Limited, a vehicle controlled by Portugese billionaire Luis Amaral, the owner of Eurocash, has purchased a stake in Polish vodka producer Stock Spirits for some £17.6 million, equal to over PLN 100 million, Puls Biznesu daily reported. Stock Spirits informed that Ama...

Vodka production remains lower than in 2013

The Polish vodka sector has failed to bounce back after the 2014 increase in excise tax. Between January and October 2015, 665,000 liters of vodka were produced, a decline of nine percent compared with the same period in 2013.

Locked content Polish vodka exports down

Polish vodka producers saw a decline in exports of 9 percent in H1 y/y. “The sector is still recovering after excise tax on spirits grew by 15 percent last year. Investment outlays fell by 40 percent,” said Leszek Wiwała, head of sector organization Polski Przemysł Spirytusowy. Additiona...

Żubrówka on its way to podium

Polish Żubrówka will make it into the top three of world’s largest vodka brands, Puls Biznesu daily reported citing Monzer Elabrashy, the CEO at Central European Distribution Corporation (CEDC) which owns Polmos Białystok, the producer of Żubrówka.

Locked content Russian CEDC tops vodka market

Russian CEDC has become the leader of the Polish vodka market, surpassing its main competitor the Stock Spirits group. The producer of Żubrówka and Soplica has currently 35.3 percent of the market share, whereas Stock Spirits has 31.3 percent of the market share in terms of volume, Polish daily Rzec...

Locked content Żubrówka in the big leagues

Sales volume of Polish Żubrówka grew the fastest among the 50 world’s largest vodka brands, reported Rzeczpospolita daily citing a recent report compiled by Impact magazine. It increased by nearly 30 percent on an annual basis. The brand owned by CEDC with a sales volume of 46,8 million of lit...

Locked content Krakus to debut on WSE

Liquor trade company Krakus is likely to debut on the Warsaw Stock Exchange at the turn of 2015 and 2016, parkiet.com reported. The company needs financing to develop itself and expand its network, Grzegorz Ślak, Akwawit CEO said. Krakus is an Akwawit-Polmos subsidiary established in 2014. Krakus to...