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.
GEA Heat Exchangers becomes Kelvion
- Standalone presence of a well-known team in the heat exchanger market
- The new name is Kelvion and pays homage to Lord Kelvin, a pioneer of thermodynamics
Kelvion will continue as global experts in heat exchange with plate heat exchangers, finned-tube heat exchangers, shell-and-tube heat exchangers, modular cooling towers and refrigeration heat exchangers
Bochum, Germany, November 9, 2015 – Something’s happening in the international Heat Exchanger business: another new standalone company has been created out of the former Heat Exchanger division of the GEA Group AG. Due to a change of ownership, the company is now ready to take on the competition around the world under the name Kelvion. The other segments of the Heat Exchanger division will operate under different names and market presence, like DencoHappel (former Air Treatment) whilst the Power Cooling Solutions business will be renamed before the end of the year.
“The new company name pays homage to Lord Kelvin, a pioneer of thermodynamics. The name Kelvion is new, but we continue as global experts in heat exchange with plate heat exchangers, finned-tube heat exchangers, shell-and-tube heat exchangers, modular cooling towers and refrigeration heat exchangers”, said Michael Andersen, Interim CEO of Kelvion and continues: ”We are connecting the best of two worlds: in Kelvion, a long tradition and the solid expertise of our employees meets the flexibility of a medium-sized company. As a premium brand in heat exchangers, Kelvion addresses a customer group that demands reliability. Now, as before, we bring the best of thermal engineering technology to the market. We continue to provide the products that customers from a varied range of industrial sectors all over the world, have learned to trust over the decades.”
Kelvion is a globally active manufacturer of industrial heat exchangers for different kind of markets. Since November 2015 the former subsidiaries of GEA Heat Exchangers have been operating as a standalone company under the name of Kelvion. A new name but with proven expertise, unique competence and a large product portfolio. With plate heat exchangers, shell & tube heat exchangers, finned-tube heat exchangers, modular cooling towers and refrigeration heat exchangers – the company reaches customers in global markets for power generation, oil and gas, chemistry, marine applications, climate and environment, and food and beverages.
Kelvion focuses on customer-specific products and services and serves its target groups throughout a global sales and production network.
As of December 31, 2014 the company had generated annual sales of approx. 900 million euros and employed around 4,500 staff around the world.
For more details on Kelvion, please consult www.kelvion.com
16 Nov. 2015