Skip to content
Sign In Subscribe
WSJ — World — Alcohol — Business — Competition — Imports

Bacardi’s Russia Business Grows as Other Booze Makers Leave Country

Bacardi's Russian business thrives as other alcohol makers exit the market. The company resumes exports and reports increased sales and profit.

1 min read
  • Bacardi's Russian business reports rise in sales and profit despite other alcohol makers leaving the country.
  • Bacardi has resumed exports to Russia and is advertising for new employees.
  • The departure of other international brands has reduced competition and created opportunities for Bacardi and local companies.
  • Bacardi Rus imported $169 million worth of products to Russia in the past year.
  • Other alcohol makers that left Russia have faced financial difficulties.
Bacardi’s Russia Business Grows as Other Booze Makers Leave Country
The owner of Grey Goose vodka and Bacardi rum is hiring staff and shipping millions of dollars of products to the market
WSJSaabira Chaudhuri an

More in World

More from WSJ

Latest