At the end of spring, OJSC BTC Group owned by Taimuraz Bolloev (the founder of OJSC Baltika Breweries, ex-president of Olympstroy State Corporation) acquired garment factory Carolina in Belarus and 75% of Rostov-based Salsk-obuv LLC manufacturing customized footwear for law enforcement, security authorities and industrial enterprises, the Vedomosti informed.
Carolina's annually manufactures ca. 200,000 garments, Salsk-obyv 500,000 pairs of footwear, according to BTC Group's press release. The acquisition intended to expand the company's footwear and outerwear production capacity was made with Carolina's own funds, as stated by the company's spokesperson who did not provide the transaction value.
In 2012, BTC Group became the sole supplier of military uniforms and accessories to the Armed Forces of the Russian Federation, a status offering more than RUB 12 billion in annual military contracts.
OJSC BTC Group (tax number: 7816043890) is a Russian clothes developer and manufacturer specializing in menswear, retail and wholesale trade, individual collections, working and special clothes. BTC Group's principal sales market is the Russian Federation, with positions in European markets, too.