Profit from Russia

Published: 18 September 2000 y., Monday
Putin-brand vodka hit liquor stores in Lithuania on September 15, raising eyebrows but also inspiring admiration for what many said was a clever marketing ploy to profit from Russian President Vladimir Putin's name. Putin Vodka, produced by Lithuania's large Alita distillery, features a label in white, blue and red, the colors of Russia's national flag. "Putin" is written in large white letters across the bottle. Because of its name, Putin Vodka has received widespread coverage in the local press, prompting envy from other companies that normally have to spend lavishly on advertising to publicize their new product lines. Alita spokesmen have insisted that the brand wasn't meant to refer to the Russian president. They said it derived from putinas, or snowball tree in English, a red-berried tree found in Lithuania. But most observers said they didn't believe the denials, saying the association with the Russian president couldn't have been accidental. The more the company denied the link, marketing experts pointed out, the more publicity Alita received. The bottles of Putin almost certainly aren't meant to pay homage to the Russian president. Most Lithuanians have expressed deep suspicion about Putin's past working for the Soviet secret police, saying he can't be trusted. The new vodka is currently sold only in Lithuania, though the distillery said it could later decide to export it, even to Russia. There's no word on how the Russian president, who is said to be a teetotaler, feels about the namesake vodka.
Šaltinis: balticsww.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Regional recipes for success

European conference promotes regional solutions to global challenges. more »

Iceland Express to launch flights from Vilnius Airport

Iceland‘s low-fare airline Iceland Express will launch regular flights by the new-generation „Boeing 737-700“ planes to about 8 different destinations from Vinius International Airport. more »

Economic crisis: women in developing world pay high price

Over 3 million people around the world have lost their jobs due to the financial crisis and, according to the UN, economic recovery is unlikely to reach those that have suffered most - poor women and children. more »

Airport infrastructure in Lithuania: Commission approves State aid to airports of Vilnius, Kaunas and Palanga

The European Commission has today decided not to raise any objections to the public financing of infrastructure developments at three Lithuanian airports – Vilnius, Kaunas and Palanga International Airports. more »

Single Euro Payments Area (SEPA): Commission consultation shows general support for end-date for SEPA migration

The European Commission has published the results of a public consultation launched in June 2009 on whether and how deadlines should be set for the migration of existing national credit transfers and direct debits to the new Single Euro Payments Area (SEPA) payment instruments. more »

Innovative solutions to global challenges

A favourable climate for innovation in the EU can speed up the transition to an eco-efficient economy and increase Europe’s global competitiveness. more »

IMF Signs €15 Billion Borrowing Agreement with Deutsche Bundesbank

The International Monetary Fund (IMF) and the Deutsche Bundesbank have signed an agreement to provide the Fund with up to the equivalent of €15 billion (about US$22 billion). more »

ECB publishes the Euro Money Market Survey 2009

Today the European Central Bank is publishing a report entitled “Euro Money Market Survey 2009”, which illustrates the main developments in the euro money market in the second quarter of 2009, in comparison with the second quarter of 2008. more »

Banks and finance - a year on

New EU laws proposed for closer oversight of financial services industry, sending a strong signal to this week's G20 summit. more »

Commission statement on aid for Opel Europe

The European Commission has repeatedly underlined that the restructuring plan of new Opel Europe must guarantee that the company will be viable in the future. more »