Beer market of Kazakhstan acquired both traits of East European countries and South Eastern Asia taking a transitional position between them by many criteria and consumption style. Yet there is a positive trend in beer production which differs Kazakhstan from most of the neighboring countries. The market has remained consolidated in the hands of two international players because of its small size. However, it faces dynamic processes such as fast growth of draft beer sales, up and downs of regional companies and Carlsberg Group’s ultimate expansion. Excessive mainstream segment has declined over the recent years, yet, Zhigulevskoe and national brands with regional links have yielded their positions to a range of new products. In our review special attention was paid to regional analysis of the markets. In 14 regions of Kazakhstan we compared the companies’ positions, the market price segmentation and DIOT channel development. Besides we have compared the beer market of Kazakhstan to neighboring countries. ...
Beer market of Russia 2018
- General market picture
- Foreign trade setting records
- Demography as challenge to branding
- Aged consumer
- Declining of youth brands
- Nostalgia on trend
- DIOT feels at home
- 5.0 Original is the new face of import
- Positions of Market Leaders
- Carlsberg Group
- AB InBev Efes
- AB InBev
Ukrainian beer market 2018
- Better than yesterday
- Performance by value
- Positions of Ukrainian brewers
The beer market dynamics in Russia is approaching zero, yet major brewers are divided into those who developed considerably in 2017 and those who considerably reduced their volumes. For instance, company Efes has managed to substantially extend their sales due to restrained pricing policy and activity in the modern trade. Heineken has also demonstrated an excellent performance promoted by significant increase of advertisement budgets launching a non-alcohol sort of the title brand and unusual activity in the economy market segment. Carlsberg and AB InBev have been focusing on margins and lost a market share of their inexpensive brands. Serious dependence on PET package and mass enthusiasm about Zhigulevskoe have negatively impacted the most of big regional brewers, that have been for the first time pressed by the leaders in the key sales channels, especially in Volga and Central regions. In the small business there has been a noticeable slowdown in appearing of new restaurant breweries, yet the number of craft breweries has been growing rapidly. In 2018, the beer market is likely to grow a little, while the share of AB InBev Efes may decrease due to the integration. ...
India. Ministry of Corporate Affairs wants to take action against Mallya, other directors for USL fund diversion
The Ministry's notice to USL came on January 11 after it investigated the books of USL, which was under cloud for diversion of funds to group firms including the defunct Kingfisher Airlines, USL informed the Bombay Stock Exchange on Wednesday.
USL has reported that financial irregularities and fund diversion when Mallya ran the company has cost USL over Rs 7,200 crore. The USL board has recommended to Diageo to evict Mallya from the company, after it lost confidence in him due to the fraud.
USL also said the promoter director of USL, without naming Mallya, has assured the spirits company board that he would ensure the operations of the company would not be impacted due to the wilful defaulter notice by banks on him. Mallya is also the chairman of United Breweries, United Breweries Holdings Ltd and the defunct Kingfisher Airlines.
"The Reserve Bank of India's Master Circular on wilful defaulters along with certain covenants in the loan agreements sanctioned by the company's bankers raise an uncertainty on the impact of this development on the availability of credit facilities of the company," said USL.
Mallya has been declared wilful defaulter by State Bank of India and Union Bank of India for not repaying the loans, but got a stay from the Calcutta High Court on the status on technical grounds.
USL got shareholder approvals on January 22 to inform the board of industrial and financial restructuring (BIFR) that accumulated losses as on March 31, 2015 was Rs 5,045.45 crore, nearly 86% of its net worth of the previous financial years. Besides, the firm had made provision of Rs 2,082 crore due to losses and doubtful debts during last fiscal. USL also said that the firm is on path to recovery with its net worth improving to Rs 1,667 crore as on September and would not declare itself sick.
Mallya, who has said that his priority is to settle Kingfisher dues has 3.76% shares in United Spirits, of which almost 2.21% is pledged with banks.
USL Q3 net drops 45%
United Spirits, the Diageo controlled liquor firm reported 45% drop in third quarter profits to Rs 40.95 crore, while it showed 22% growth in revenue to Rs 2650.58 crore on higher sales of premium products from the British liquor firm stable in the Indian market
USL had reported profits of Rs 74.93 crore on revenues of Rs 2177.22 crore in the October to December period last year.
28 Янв. 2016