Where is the non-alcoholic beer market heading to? Companies and brands. Baltika as a democratic leader. Heineken – how do you shake up the market and shove up the competitors. AB InBev Efes – premium corner. Non-alcoholic import beer. Non-alcoholic beer - Who drinks it? General conclusions. Summer beer. ...
“Catalogue of Russian Beer Producers 2020” includes 1285 businesses ranging from large subsidiaries of international companies to rather small restaurant and craft breweries.This issue has 171 more breweries compared to 2018 (155 business have been excluded and 326 have been included).Starting from 2019, FTS has been publishing data on excise payments by brewers (delayed by 1.5 years), that can be translated into beer equivalent for most of producers.Depending on the volumes, we ranked the brewers that provided information by 6 groups (see pic.). At one end of the production spectrum there are 2/3 of breweries outputting less than 10 thousand decaliters. Their net share amounts to as little as 0.2% of the total beer output volume. On the other end there are 6 federal groups accounting for almost 80%. ...
Dmitry Nekrasov’s Philosophy — on the Past, Present and Future of Ukrainian Brewing IndustryA meeting with Dmitry Nekrasov always turns into a training course: “Introduction to brewing business“. We are talking to a clever “playing trainer“ a person that can be called a godfather of the Ukrainian craft. He has a dozen of successful projects to his name. Dmitry told us about craft beer in Ukraine, on market cycles, on specifity of operating in retail and HoReCa, on union of Ukrainian brewers and certainly, how a brewery of his own, First Dnipro Brewery is doing.
The market of import beer in Russia: review and databasesThe market of import beer is rapidly growing and changing. But while in the past years it was growing due to brands variety, in 2019 major and affordable brands from TOP-10 were developing actively. It seems that the fact of a brand origin from far abroad counties, even if it is not well known but has moderate price and good distribution provides for million liters of sales in the territory of Russia. Among distributors AB InBev Efes was far behind, yet the role of Baltika and suppliers of the second row got more important. The boom of German brands was followed by stagnation of import from other traditional regions (and Belarus) instead the supplies from Mexico, Lithuania and Asian countries grew considerably.
India. Foreign bank to snap Mallya ties
Overseas banks have now started to tighten the screws on the beer baron who scurried out of India last month after a passel of local banks declared him a wilful defaulter and initiated court proceedings to recover over Rs 9,000 crore in unpaid loans.
The Royal Bank of Scotland (RBS) has now declared that it will stop offering banking services to Kingfisher Beer Europe Ltd (KBEL), the London-registered company that markets the eponymous beer that has a 36 per cent market share in India.
Kingfisher Beer Europe Ltd (KBEL) - a key operating company within the beleaguered baron's group - has its offices at Springfield House, Maidstone, Kent.
In a filing with the US securities regulator, Securities and Exchange Commission, earlier this week, Mendocino Brewing Co Inc said RBS had informed KBEL of its intention to terminate "all banking services" from May 31.
Mendocino is a Mallya-owned maker of specialty beers and malt beverages based in California and listed as "intermediate parent" of KBEL in the latter's filings with Companies House, UK's registrar of companies.
RBS wanted to terminate the relationship with KBEL from February 26 but has since extended the date twice.
KBEL's financial statement for the year ended December 31, 2014 - filed with Companies House in September last year - lists RBS as its only banker.
The RBS move could not have come at a worse time for Mallya. Last week, a two-member bench of the Supreme Court asked the tycoon's counsel to submit an affidavit by April 21 indicating when he intended to return to India and start a meaningful dialogue with a consortium of 17 local banks to clear their dues.
Last Saturday, Mallya also failed to appear before the Enforcement Directorate (ED) to respond to questions over an alleged money laundering investigation relating to a Rs 900-crore loan extended by IDBI - the third time he has ignored the ED's summons. The earlier summons had sought his appearance on March 18 and April 2.
RBS credit facility
KBEL had signed an agreement in April 2005 for a £1.75 million (roughly $2.8 million) revolving line of credit with an "an advance rate based on 80 per cent of KBEL's qualified accounts receivable".
The initial term of the credit line was for a one-year period. Either party could terminate the credit line with a six months' notice.
"The credit line carries an interest rate of 1.38 per cent above the RBS base rate and a service charge of 0.10 per cent of each invoice discounted," Mendocino's filing with the SEC said.
But on November 24, 2015, KBEL received a notice from RBS in which the bank said it intended to terminate the credit line on February 26 this year.
The amount outstanding on the credit line as of September 30, 2015 was £538,400 (approximately $813,900).
The Mendocino filing said KEBL was in talks with third parties to "find alternative financing to replace the credit line and other banking services presently provided by RBS".
KBEL's immediate parent is United Breweries International (UK) Ltd which, in turn, is owned by Mendocino. Mallya retains control over these overseas units and, through them, parts of his overseas empire which is tightly controlled through a network of shell companies registered in well-known tax havens.
Documents reveal that KBEL has been granted an exclusive licence by United Breweries Ltd of India that confers "rights to brew, market, develop and sell Kingfisher Lager in the United Kingdom".
This pact and secondary agreements with United Breweries International (UK) Ltd are due to expire in October 2018.
The company has in turn granted a sub-licence for brewing Kingfisher beer in London. "In October 2013, the holder of the brewing sub-licence changed from Shepherd Neame Ltd to Heineken UK."
In October 2013, Heineken UK provided KBEL with a secured term loan facility of £1 million to be repaid in 12 equal quarterly instalments starting January 2014 along with interest at the rate of 5 per cent above the Bank of England base rate. The principal outstanding at the end of September 2015 was £416,700.
For the year ended December 31, 2014, KBEL reported a turnover of £13.46 million, which is "principally derived from the sale of Kingfisher beer", the company said in its financial statement.
UK sales of beer accounted for £11.92 million, over 88 per cent of KBEL's turnover. The company earned an operating profit of £645,681. It had a net debt of £1.23 million.
The financials of Mendocino Brewing, United Breweries International (UK) Ltd and KBEL are consolidated in United Breweries Holdings Ltd - the BSE-listed company that controls Mallya's diverse interests. UB Holdings has a 68.1 per cent ownership interest in all three companies.
11 Апр. 2016