CEDC, regional vodka giant, files for bankruptcy

Aggressive moves into Russia left it with piles of debt, just as the global economic crisis hit and drinking habits began to change Central European Distribution Corp , one of the biggest producers and distributors of vodka in the region, filed for chapter 11 bankruptcy in a Delaware court at the beginning of April.

http://www.wbj.pl/article-62465-cedc-regional-vodka-giant-files-for-bankruptcy.html