SP Volfas Engelman | |
Type: | Sole proprietorship |
Foundation: | 1853 |
Location: | Kaunas, Kaunakiemio 2 |
Key People: | CEO Marius Horbačauskas |
Industry: | Light alcoholic and non-alcoholic beverages |
Products: | Beer, cider, cocktails, kvass, energy drink |
Revenue: | €80.610 million (2022)[1] |
Num Employees: | 289 |
Parent: | Olvi |
Volfas Engelman is an manufacturer of alcoholic beverages in Kaunas, Lithuania.
The establishment of the brewery Volfas Engelman dates back to the 19th century. Today the brewery produces beer, cider, alcoholic mixed drinks, kvass and energy drinks. Volfas Engelman brewery is named after its two founders. Since 2012, the CEO of the company is Marius Horbačauskas. It has more than 230 employees, making Volfas Engelman the second-largest brewery in Lithuania.At the moment 99.57 percent of Volfas Engelman shares belong to the FinnishOlvi Company Group. In 1994, the brewery Ragutis underwent privatization and reorganization, becoming a joint-stock company. In 1997, initially, 51 percent of Ragutis shares were acquired by the Pilsner Urquell Group . Later in 1997, Pilsner Urquell transferred a strategic share package to the Estonian company A. le Coq, which is operated by the Finnish company Olvi.[2] I. On April 12, 2011, the brewery reverted to its historical name, Volfas Engelman.[3]