Absolut Vodka Essay

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ABSOLUT VODKA Absolut Vodka is a brand of vodka, produced near Åhus, Skåne, in southern Sweden. Lars Olsson Smith, famous entrepreneur and also known as the father of Absolut Vodka established Absolut Vodka in 1879. Following the ups and downs of the product, Absolut is Absolut is number one brand of premium vodka worldwide Absolut Vodka is made in Åhus in southern Sweden in accordance with more than 400 years of Swedish tradition, for centuries it is a region famous for its vodka. and is made solely from grain using a special method of distillation. The vodka is made from winter wheat. Approximately 80,000 metric tons (2,900,000 bushels) of wheat are used annually to produce Absolut Vodka. Over one kilogram of grain is used in every one-liter bottle. In its first year on the US market, only 10,000 nine-liter cases of Absolut Vodka were sold. The product was launched first in Boston; then New York, Chicago, Los Angeles, San Francisco and eventually all over the country. By 1982, Absolut Vodka had passed a major Finnish competitor that had entered the US market ten years earlier! In 1985, the biggest Russian competitor was overtaken, making Absolut Vodka the leading imported vodka in the US. After its success, both in its home country and in the US, Absolut Vodka was introduced in most European, Asian and Pacific countries starting in the mid-80's. Today, Absolut is the number one selling imported vodka in Canada, the USA, Finland and other counties Today it’s the Third largest spirit brand behind Barcardi & Smirnoff, its sold in 126 countries. Worldwide sales in 2010 are 99m litters. Now, Absolut is owned by French group Pernod Ricard; they bought Absolut for €5.63 billion in 2008 from the Swedish state. Customers At the present moment, Absolut vodka is produced for import more than for domestic use. Most of all, it is consumed in USA, Canada

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