General Court annuls the €31.66 million fine imposed on Grolsch

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The General Court annuls the €31.66 million fine imposed on Koninklijke Grolsch NV, subsidiary of SABMiller, for its participation in a cartel on the Dutch beer market, the court said on Thursday. By decision of 18 April 2007, the Commission imposed fines totalling more than €273 million on the main Dutch brewers2, Heineken NV and its subsidiary – Heineken Nederland BV, Bavaria NV and Koninklijke Grolsch NV, for their participation in a cartel on the Dutch beer market from 27 February 1996 to 3 November 1999. (more…)

World beer market growth to pick up in 2011-Plato

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Growth in the world beer market is set to reach around 2.5 percent this year in a “two-speed” recovery driven by emerging markets, while mature economies are set for more meagre advances, industry research group Plato Logic said on Monday. (more…)

Carlsberg Malaysia half year Profit after tax increases 16.5%

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Carlsberg Malaysia announced Group half year Profit after tax of RM80.6 million, for the period ended 30. June 2011, a growth of 16.5% compared to the same six month period a year ago with revenue of RM752.7 million an increase of 5.6%. Earnings per share for the half year increased to 26.15 sen, compared to 22.46 sen a year ago. (more…)

US beer consumption on decline for fourth year in row

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The Beverage Information Group has reported in its ‘2011 Beer Handbook’ that the US beer industry is showing continuous decline, losing 1.9% to total 2.8 billion cases, for the fourth consecutive year. (more…)