Today
In 1991 joint venture Saku Õlletehas was established. Since January 27, 1998 the shares of Saku Brewery were traded in the list on the Tallinn Stock Exchange. On 20 September 2008, the shares of Saku Õlletehase AS were delisted from Tallinn Stock Exchange. Today 100% of the shares are owned by Carlsberg Breweries.
Through large investments, Saku Brewery has become the market leader on the Estonian beer market. According to market research by ACNielsen in March 2009, Saku Brewery held 38,7% of the local market share. The total sales of beer by Saku amounted to 59 million litres in 2007.
Beverages of Saku Brewery are exported amongst other countries to Sweden (the only Estonian beer in the Systembolaget is Saku Kuld), Finland, Netherlands, England, Germany, Ireland and Canada. Saku's exports during the first five months of 2009 amounted to 3,12 million litres.
Read more about this topic: Saku Brewery
Famous quotes containing the word today:
“Experiment is necessary in establishing an academy, but certain principles must apply to this business of art as to any other business which affects the artis tic sense of the community. Great art speaks a language which every intelligent person can understand. The people who call themselves modernists today speak a different language.”
—Robert Menzies (1894–1978)