Agros Signs an Agreement With the 'Polmos' for the Ownership Rights to Polish Vodka Brands.Business Editors WARSAW Warsaw (wôr`sô), Pol. Warszawa, city (1993 est. pop. 1,655,700), capital of Poland and of Mazowieckie prov., central Poland, on both banks of the Vistula River. , Poland--(BUSINESS WIRE)--May 23, 2001 Agros (Pernod Ricard Pernod Ricard (Euronext: RI) is a French company producing alcoholic beverages. Their most famous product, Pernod Anise (40% alcoholic volume) and Ricard Pastis, are both pastis, and often referred to as simply Ricard or Pernod. group) has just signed an agreement with the "polmos Polmos (an acronym for Polski Monopol Spirytusowy, Polish Spirit Monopoly) was a Polish state-owned monopoly, controlling the Polish market of spirits, fine spirits and other alcohols. " (state-owned Polish distilleries) ending the dispute over ownership of the export rights to the traditional Polish vodka vodka (vŏd`kə), traditional spirituous drink of Russia, the Baltic states, and Poland; it is now consumed internationally. The best vodka is distilled from rye and barley malt, but the cheaper corn and potatoes are commonly employed. brands. Under the terms of this agreement, Agros will retain full international ownership of Wyborowa and relinquish the other brands to the polmos. Pernod Ricard is at the same time the sole candidate for the privitisation of the Poznan polmos, which distills Wyborowa and owns the marketing rights to this brand in the Polish market. Moreover, negotiations have commenced between Pernod Ricard and "Polmos Bialystok" regarding distribution of the Zubrowka brand. The agreement was signed at the Polish Treasury in the presence of the Deputy Minister, Mrs. Barbara Litka Zarembska. |
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