On the initiative of CEO Oleksandr Slobodyan, the staff take a capital lease on the enterprise. OBOLON started export to USA with Russkoye beer.
OBOLON receives privatization certificate #1 from the State Property Fund of Ukraine and made history as the first private enterprise of independent Ukraine. The first Ukrainian beer brand T. M. OBOLON was established on the market.
The privatized enterprise receives the legal status of a closed corporation.
With the release of the legendary low-alcohol drink Gin Tonic, the company founded the low-alcohol beverage market not only in Ukraine, but also in Eastern Europe.
The company began to produce drinks in PET-bottles.
OBOLON CJSC becomes a co-owner of Sevastopol Brewery JSC and Bershad Integrated Brewery CJSC. Obolon started the production of canned beer for the first time in Ukraine.
Obolon CJSC becomes a co-owner of the Okhtyrka Brewery JSC
The company was the first in Ukraine to receive a $40 million loan from EBRD without a government guarantee. The money is used to finance core strategic programs.
OBOLON CJSC is the industry’s first enterprise to receive an international certificate for ISO-9001 Quality Management System version 1994, which confirms the high level of all processes and capability of a Ukrainian enterprise to make world-class products.
Nyva Obolon Scientific and Production Association is established in Chemerivtsi, Khmelnytsky Region, which from then on is involved in selective work, breeding, testing, commercial propagation of seeds of promising barley varieties, and provides Obolon CJSC with high-quality raw materials.
Zhyvchyk soft drink enters the market and promptly wins wide public recognition. It is made from natural raw materials only. Later, other manufacturers followed this example and started production of juice-containing beverages.