Pivnoe Delo


Top articles



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. UB says not interested in buying Kingfisher brand

United Breweries, who was seen as a likely candidate to buy the Kingfisher Airline brand, has said that it is not interested in owning the carrier's label, according to media reports.

"United Breweries owns the Kingfisher beer and water brands, and the airline brand holds no relevance to us," the company's Managing Director Shekhar Ramamurthy has been quoted as saying.
United Breweries's Dutch promoter Heineken too has said that it is not interested in buying the Kingfisher Airline brand, reports a national daily.

Lenders to Kingfisher Airlines, which has been grounded since October 2012, are looking to recover dues worth INR 9,000 crore through sale of its assets, including the carrier's brand.
Meanwhile, reports say that an evaluation done by the lenders through RBSA Advisors in 2013 found the valuation of the Kingfisher brand to be around INR 200 crore, or 5 per cent of the valuation done by Grant Thornton.

Another valuation done in 2015 pegged its value at INR 100 crore, according to reports.

Banks had relied on Grant Thornton’s high valuation of the Kingfisher Airlines brand and associated trademarks while funding the Vijay Mallya-promoted carrier.

According to RBSA, the rights that have been assigned to the banks are only pertaining to ‘Kingfisher’ registered under the Class 39 under the Trade Marks Act, 1999.

Class 39 broadly refers to transport, packaging & storage of goods, travel arrangement, etc.

The banks do not have any right over the intangibles or brands of Kingfisher Beer and beverage business category.

23 Мар. 2016



Main topics

Exact matches only
Search in title
Search in content
Search in comments
Search in excerpt
Search in posts
Search in pages
Search in groups
Search in users
Search in forums
Filter by Custom Post Type
Filter by Categories