Beer market of Russia 2016: PET goes to draftThe beer market of Russia was warmed up by the hot summer, but the preparation for large volume PET prohibition has already impacted it negatively. The year was successful for Efes, MBC and regional producers; Carlsberg’s positions were virtually stable but AB InBev and Heineken lost a part of market share having focused on the sales profitability. The dynamics of big brands was determined by how much the companies were willing to keep the prices down or by their promotional activity. In this context the economy segment of the beer market and sales of inexpensive draft beer were increasing. The premium segment started shrinking due to license brands migrating to the mainstream segment.
Beer market of Vietnam: “Young tiger”Vietnam is one of the few big beer markets that continue to grow steadily. The beer popularity results from its low price, street consumption culture, and social motives. The outlooks of beer market as well as the Vietnamese economy inspire optimism, though the country is heavily dependent on export of goods. The state regulation can be called liberal, but the key risk for brewers is harbored in intensive rising of excise. Within TOP-4 there are two leaders, Sabeco and Heineken that grow at the fastest rates. The first company effectively employs its capacities, the second one focuses on marketing technologies. Almost 80% of the market belongs to century-old brands, yet the middle class and the youth are shifting their interest toward international premium that is growing taking share from the mainstream.
Analysis of beer market in China (on Russian)
Beer market of Ukraine: big three losing weightIn 2016, fast increase of excises and resulting price spike stood in the way of the beer market stabilization. Most of competition (as well as mass sorts) moved to the economy segment of the market. The biggest losses were incurred by the leading three, especially Obolon, which again experienced pressure after reallocation of Efes market share. However, one should already speak of TOP-4. Group Oasis CIS (PPB) became a strong player and competitor to transnational companies. Besides the net sales of many regional medium breweries look rather good and 16-fold cost reduction wholesale trade license for craft brewers opens up a possibility of rapid growth in 2017.
Singapore. TCC Extends Deadline for Fraser & Neave to Jan 2
Mr. Charoen's offer of 8.88 Singapore dollars (US$7.27) for each Fraser & Neave share that he doesn't already own, made through his unlisted investment vehicle TCC Assets, will now close on Jan. 2, TCC said in a filing to the Singapore Exchange. The offer price remains the same.
The offer, which was first made in September, was to have closed Tuesday and this extension is the fourth time that TCC has pushed back the deadline.
Mr. Charoen currently owns about 35% of Fraser & Neave, a real-estate and soft-drinks company.
Last month, Overseas Union Enterprise Ltd. (LJ3.SG), owned by Indonesia's Riady family, made a S$9.08 per share bid for Fraser & Neave, raising the specter of a bidding war. The US$10.6 billion offer led by OUE, a Singapore-based property developer, expires Jan. 3.
A sleepy Singaporean conglomerate with 129 years of operations, Fraser & Neave came into play in July, when Mr. Charoen started building up his stake in the conglomerate. That prompted Heineken, which had an 80-year-old partnership with Fraser & Neave in brewing Tiger beer, to make a bid for the Singapore company's beer assets, which were eventually sold to the Dutch brewing giant.
11 Dec. 2012