[Featured Stock] Jeju Beer Enters Russia's 'Metro Cash & Carry'... Spotlight on Overseas Market Expansion↑

Jeju Beer is showing strong performance. It is interpreted to be influenced by the news that it has secured a spot in the Russian warehouse store ‘METRO Cash&Carry’.

As of 3:12 PM on the 25th, Jeju Beer is trading at 2,520 KRW, up 3.49% compared to the previous day.

On this day, Jeju Beer announced that it had confirmed entry into the Russian warehouse store ‘METRO Cash&Carry’. This entry is notable for introducing Jeju Beer’s non-alcoholic beer ‘Jeju Nouveau’ alongside its alcoholic products, targeting the rapidly growing non-alcoholic beer market in Russia, a country traditionally known for high-alcohol beverages like vodka.

METRO Cash&Carry is a global distributor operating in over 30 countries worldwide, starting in Germany in 1964. In Russia, it began operations in Moscow in 2000 and currently runs 93 shopping centers across 51 regions, including the large METRO CITY supermarket in Kotelniki.

Jeju Beer is making efforts to normalize management, including acquiring shares in ‘AgeGF’, the parent company of ‘Olgot’, the world’s number one frozen gimbap company.