Tag: Krasnoe & Beloe

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Economy

How A Soviet-Era Bootlegger Became Russia’s Newest Billionaire

One of Krasnoe & Beloe's 6,700 outlets in Russia
One of Krasnoe & Beloe's 6,700 outlets in Russia Krasnoe & Beloe's official Instagram account

Alcohol consumption may be down in Russia, but profits are soaring for Sergei Studennikov, whose Krasnoe & Beloe (Red & White) supermarket chain specializes in beer and booze.

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