date:Aug 14, 2013
f of next year, the company said.
Lotte Groups beverage affiliate already produces soju, a Korean distilled liquor, and holds a 14-percent share in the soju market. The firm said its entry will likely change the local beer industry because of the firms significant know-how in the alcoholic beverage business.
A medium-sized beer manufacturer, 7 Brau, which has been selling its products to discount chain stores and department stores since 2011, is also working to increase its market share.
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