Latvia's Gutta juice and soft drink producer has founded an subsidiary in Estonia, Gutta Eesti, to distribute its products. One of the subsidiary's main targets is to win a 25 percent share of the Estonian market by 2009, Chairman Elmer Maas said. At present, the company controls more than 20 percent of the market. Last year Gutta sold 11 million liters of its products in Estonia. The Estonian ice-cream maker, Balbiino, increased annual sales by 28 percent in September due to the warmest weather in 20 years. "The January-September consolidated sales totalled 255 million kroons (16.3 mln eur...
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