olimp

Ukrainian Vodka Producer Plans New Vodka Plant

Filed under: Spirits

Big doings in the Ukraine liquor world. Last month we wrote about Nemiroff's designs on the world market. Today comes the news that the Olimp Corporation, which is, along with Nemiroff one of the top beverages producers in Ukraine, is spending $38.5 million on a new distillery. The distillery will increase production by an astounding 75%. The new facility is in in the village of Malynivka, Kharkiv region and will become Olimp's main production facility. The company which does well in the lower end of the market is planning to create new cognac and vodka brands aimed at the mid-priced market. The new liquors will be sold to the Ukrainian market and exported to Russia and the U.S.

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Tags: alcohol, liquor, olimp, spirits, ukraine, vodka