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Assets
Performance indicators
2024: Second place among alcohol producers in the Russian Federation
The Kabardino-Balkarian company Renaissance bought the capacity of Riala and took second place in the production of alcohol in Russia. This became known at the end of November 2024.
In January-October 2024, the volume of alcohol spill at Renaissance exceeded 4.6 million decaliters. This is 9.4% of the total production. At the same time, in 2023, the company was not even included in the top 20 manufacturers in the Russian Federation, Kommersant notes.
Renaissance acquired buildings, land and equipment of the Rial concern for 238.4 million rubles.
History
2025: Purchase of 25% of the Eurasian Alcohol Group for 3.5 billion rubles
Renaissance, the third largest alcohol producer in Russia, acquired a 25% stake in the Eurasian Alcohol Group (EAG), which produces the popular Santo Stefano drink, and its distributor EAG Trade. The deal provides for an option to increase the share to 50%. This was reported in July 2025 by Renaissance. According to experts, the cost of 25% of the business could amount to 3-3.5 billion rubles. Renaissance, which previously specialized in the production of alcohol, intends to strengthen its position in the alcohol market. Read more here
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