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Global hop market

A local alternative to mass beer suggested by independent brewers has been successful and is now altering the global market. Beer is becoming more diversified, so transnational companies have to accept the new game rules and to switch focus to young and fast growing markets. All these processes increased the demand for aroma and bitter hop as well as their acreage expansion on two continents. However now there appeared a downward trend of alcohol consumption in the world, so even special sorts can soon turn to be sufficient. In this connection the dynamic American hop market is already facing some problems. EU hop producers have become more cautious, they are not racing to exceed the demand and look forward with more confidence, judging by the contract terms. 

Hop Market in Russia

Germany still dominates the Russian market, yet over the recent two years one has been able observe a continuous success of Czech hop suppliers. Their expansion and growing popularity of hops from the United States became the drivers of supplies growth in 2016 despite the preceding modest harvest crop in the EU, as well as the factor of relative stability in 2017. In this connection, in 2017, the ratio of the varieties continued to shift towards the aroma ones, and the supplies of Magnum hop and other alpha varieties were reduced. However, the import of bitter hop pellets is partially replaced by extracts, especially from the major beer manufacturers. Total volumes of alpha acid supplies, according to our estimation, decreased by approximately 5% and returned to the level of 2015. Barth Haas Group continues dominating the hop products market; HVG also increased its weight. At the same time, Morris Hanbury significantly reduced the supplies in 2017.

India. United Breweries Q4 puts net at Rs 40 cr

United Breweries Q4 result today reported a net profit of Rs 40.09 crore for the quarter ended March 31, 2011.
The company had posted a net profit of Rs 26.15 crore in the corresponding quarter of previous fiscal.
Total income during the fourth quarter of fiscal stood at Rs 860.48 crore and the same for the year ago period was at Rs 595.61 crore, United Breweries said in a filing to the Bombay Stock Exchange (BSE).
The company said its figures were not comparable with the year-ago period due to the merger of Associated Breweries and Distilleries Ltd (ABDL), Millennium Alcobev Pvt Ltd (MAPL) and Empee Breweries Ltd (EBL) with itself.
Net profit for the fiscal ended March 31, 2011, stood at Rs 167.98 crore and the same for the previous fiscal was at Rs 96.97 crore, it added.
The total income during the fiscal stood at Rs 2,851.88 crore. In the previous fiscal it was at Rs 2,050.84 crore.
United Breweries scrip closed at Rs 465.35 on BSE, down 0.41 per cent from the previous close.

28 Apr. 2011



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