Pernod Ricard has revealed that it is in talks with FKP Soyuzplodoimport, a federal state company representing the Russian Federation, regarding the future development of a number of selected Russian spirit brands, including the Stolichnaya vodka brand.

The drinks group said that the talks were aimed at establishing a partnership to produce and distribute some of the brands.

It added that the discussions were ongoing and that there was no certainty that an agreement would be reached.