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VDG: “Vilniaus degtinė” completed the production modernisation stage, worth almost 2.4 million LTL

Spekuliantai.lt | 2009-05-20 | NASDAQ OMX biržų naujienos | perskaitė: 1743
Raktiniai žodžiai: Vilniaus Degtine AB, VDG
VDG: “Vilniaus degtinė” completed the production modernisation stage, worth almost 2.4 million LTL

Vilniaus Degtine AB Notification on material event 20.05.2009

“Vilniaus degtinė” completed the production modernisation stage, worth almost
2.4 million LTL

“Vilniaus degtinė”, one of the largest producers of alcoholic beverages in
Lithuania, continues to invest into the development of production and new
technological equipment. In pursuance of its strategic goals, the company
invested 2.4 million litas into the improvement of its production processes and
product quality. This year, an additional sum of 0.5 million litas is earmarked
for investment in subsequent modernisation stages, in order to improve
processes and products.
“Investment into production modernisation is part of the long-term strategy of
our enterprise. We aspire to produce original high-quality drinks, using
Lithuanian-grown grain and Lithuanian ethyl alcohol, made in our distillery in
Obeliai - therefore, we have plans of investment into advanced technologies for
each year” - says Mr. Danas Kerbelis, Director-General of “Vilniaus degtinė”.
The Director noted that the company acquired platinum-filtering equipment. This
way of filtering is one of the most innovative purification methods in vodka
production in the entire world.
The process of filtering is vital in the making of vodka. It requires not only
newest high-quality equipment, but also experience of the company's specialists
in order to fine-tune all the stages of production. The peculiarities of the
vodka filtering process are a highly-protected secret of the enterprise, known
solely to a handful of employees.
Another important investment concerned modernisation of the distillation
process. Not only does it make sure that the resulting ethyl alcohol
corresponds to the highest EU and global requirements concerning production of
beverages - the final product also has excellent sense-pleasing
characteristics.
Four-level distillation allows to make ethyl alcohol of extraordinary purity,
while contact with copper imparts a distinctive and characteristic taste to
alcohol. This ensures that consumers, apart from high quality, also get a
unique taste with products of “Vilniaus degtinė”.
According to the data of the market research company “AC Nielsen”, “Vilniaus
degtinė” increased its share of the vodka market from 21.9% to 24.5% during the
first quarter of the current year.

Renaldas Barauskas
Deputy CEO
370 5 2330819

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