Vodka sales abroad show 25% loss in Russian market
According to foreign Trade Information Center (CIHZ), sales of Polish
spirits abroad plunged in the first half of this year, sliding almost 25%t
and puzzling spirits producers, since none of them has previously recorded
such foreign sales losses. Still, the heads of Polmos Polish distilleries
admit they have lost a part of their share in the Russian market.
According to CIHZ, in the first half of this year Polish companies sold
only $221,000 worth of spirits to Russia, a mere 21.5 % of total sales in
Russia in the respective period last year. Vodka producers blame poor
Polish alcohol exports on Agros, the owner of several Polish vodka brands.
According to sector representatives, the company does not promote Polish
distillers' products effectively. Agros argues that larger sums have been
invested in advertising Polish spirits abroad, and moreover estimates that
its vodka sales in the first half of this year totalled $4.5 million,
year-on-year the same. Yet as the result of their investments in foreign
marketing and sales, Polmos distillers will most likely close the year
with increased exports. In 1999 Polmos spent zl 113 million promoting
their brands and developing their distilleries. (Puls Biznesu, p.10)