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Home > Company Index > Food, Beverage & Tobacco > Beverages - Bottlers & Wholesale Distribution > Central European Distribution Corporation

Central European Distribution Corporation
Nasdaq: CEDC
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 NEWS FROM THE WIRES
Central European earnings rise five-fold
Jul 31 2001 09:29 AM PDT

More WIRE STORIES about this company

 PROFILE
Central European Distribution Corporation (CEDC) helped Poland toast its post-Communist economy in 1991 when co-founders William O. Carey and Jeffrey Peterson introduced Foster's lager to the country. CEDC imports and distributes about 330 brands of beer, spirits, and wines in Poland through 18 distribution centers that serve about 4,800 retail outlets and a mail-order catalog. CEDC spirits include those made by Allied Domecq, Bacardi, Diageo, and Vivendi Universal. Other brands include Foster's, Guinness, and Miller beers and Robert Mondavi wines. It also distributes bottled water and cigars. Vice-chairman Peterson and Carey's son, CEO William V. Carey, together own more than 40% of CEDC.

 COMPETITION
Heineken N.V. (HINKY)
Interbrew S.A. (INTB)
Pernod Ricard (RI)

 DEALS
Deal: Kymata Gets $67 Million in Funding
Date Announced: 10.31.00
Value of transaction (US $Mil): 67
Description: Optical-networking component manufacturer raises $67 million in venture funding.

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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 131.20
1-Yr. Sales Growth: 45.5%
Employees: 660
Revenue per employee: $198,787.88

 KEY PEOPLE
• William V. Carey
    CEO
• Neil Crook
    CFO

 CONTACT INFO
1343 Main St., Ste. 301
Sarasota, FL 34236
US
Phone: 941-330-1558
Fax: 941-330-9617
Online: Web Site

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