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Russian government wants to create state monopoly of tobacco and alcohol



The main idea is that governmental enterprises will produce tobacco and alcoholic products.



17.Aug.14 11:39 AM
By Mihail Prygunov
Photo ljrate.ru

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Russian government wants to create state monopoly of tobacco and alcohol
Initiative of creating state monopoly of tobacco and alcohol production belongs to Deputy of State Duma Oleg Nilov. This information is provided by “Izvestiya” newspaper.

Director of Alcohol Market Research Center says that there is already some kind of such monopoly on the market. This is due to the fact that 20% of alcohol is provided by governmental enterprises. This share will be increased up to 45% by the end of this year as a number of agreements have already been approved.

Representatives of tobacco and alcohol producing companies still do not take this idea for granted. They are sure that this will lead to the outflow of foreign investors.



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