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DBBC

Sector: Consumer Products • Location: Belarus

Source: International Finance Corporation (IFC)

Project
Completed

Detroit Belarus Brewing Company LLC, (DBBC or the company) is the special purpose vehicle, which was incorporated in New Jersey, USA for the privatization of OJSC Dednovo Brewery (“Dednovo”), a brewery located in Bobruisk, Mohilev Region, in central Belarus. This will be the first privatization of a brewery involving western investors and among the few privatizations in Belarus.

In 1990s, Dednov

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The project “DBBC” is an infrastructure initiative in the Consumer Products sector, located in Belarus. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

Detroit Belarus Brewing Company LLC, (DBBC or the company) is the special purpose vehicle, which was incorporated in New Jersey, USA for the privatization of OJSC Dednovo Brewery (“Dednovo”), a brewery located in Bobruisk, Mohilev Region, in central Belarus. This will be the first privatization of a brewery involving western investors and among the few privatizations in Belarus. In 1990s, Dednovo used to be the second largest brewery in Belarus and the largest employer in the city of Bobruisk. In September 2002, it ceased regular operations in due to lack of working capital and investment funds to implement the necessary capital improvements. The project will refurbish, modernize and expand Dednovo’s facilities to produce a consistent and high quality beer for the Belorussian market. The project will also develop a distribution system and brands for Dednovo’s beer.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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