BELVEDERE UKRAINE – is a subsidiary of the famous French BELVEDERE GROUP, one of the world-renowned leaders in the alcoholic beverage industry. The BELVEDERE GROUP holds assets in more than 30 countries, among which farmlands, distributors, logistics hubs, means of transportation and other related companies. The BELVEDERE GROUP is quoted on Warsaw and Paris Stock Exchanges.

The objective of BELVEDERE UKRAINE is to develop BELVEDERE GROUP’s investments in Ukraine. The sphere of interest of the Ukrainian subsidiary encompasses the acquisition of local assets as well as the organization of the modern alcoholic beverage industry, including the production of hard liquors as well as the development of full-cycle, high-technology distilleries.

The acquisition of the Cherkassy distillery (named over BOISSON ELITE) within the November 2007 – January 2008 period is an essential step toward the achievement of such objectives.