KIEV, July 14 – Eastern Beverage Trading LLC, the vodka producer under Medoff brand, predicts that the shadow vodka turnover could be 60% by late 2016.
"In 2016, due to the aggressive increase in excise duties the forecast for the legal market decline is from 25% to 30%. If cases of illegal production were revealed as they do today, the share of the vodka shadow turnover would be over 60% as of late 2016," Eastern Beverage Trading Director General Olha Ivushkina said in an interview with Interfax-Ukraine.
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