Desperate Russian beer producers because of the triple tax increase
Russian breweries asked Prime Minister Putin, that the government should think again the threefold increase of beer tax. The Finance Ministry's proposal for next year would increase from the current 3 rubles per liter to 9 rubles per liter.
The producers instead of the drastic step suggests a progressive and less increase for the next three to five years, because they believe that the sudden increase would ruin the already suffering beer industry.
The production can decrease by 40-50 percent and 90 thousand jobs would be in risk. The revenue of the Russian brewing industry increased 15 percent to 458.4 billion rubles last year, because the price increase counterweighed the decrease in consumption – reports Napi Gazdaság.
Related news
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >