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Business news, 12.03.2001 13:56

First foreign top manager in Russian alcohol business quits.

Founder of "Rust" Rustam Tariko explains Ankersen's decision by a change in the market conditions. Worker of PepsiCo company's Russian office Vladimir Dudarev became the new manager of "Rust". Rust Inc. company is involved in imports and distribution of a number of international alcohol brands, such as Martini, Bacardi, Disaronno Originale, Johnnie Walker and Smirnoff, in Russia. Other companies in "Rust" holding are involved in producing Russian Standard vodka and creating a food sales line in the Internet. The holding also includes the Russian Standard Bank. According to R. Tariko, the annual turnout of Rust Inc. only amounted to $100 million last year.

News source: news band

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