Browsing: Central European Distribution Corporation (CEDC)

Rustam Tariko may lose not only banking, but also the alcohol business. The scandalous owner of Russian Standard Bank and Rust alcohol holding decided to sell CEDC to a major player in the Polish food market. It was decided to sell the company after in the second half of October the Moscow Arbitration Court satisfied […]

Rustam Tariko, the second vodka producer in the world, Roust Corporation is selling the Polish subsidiary of CEDC for $1 billion, plans to pay off its debts and hold an IPO. Why does this not guarantee Tariko a return to the Forbes list and what could prevent the deal? In the fall of 2011, the […]