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. ...
“Catalogue of Russian Beer Producers 2018” includes 1070 businesses ranging from large subsidiaries of international companies to rather small restaurant and craft microbreweries.The catalogue includes 32 large breweries, 75 regional breweries, 693 industrial mini- and microbreweries as well as 270 restaurant breweries. ...
India. Sebi expands probe into financial dealings of Vijay Mallya firms
The matter is also being flagged to other agencies and government departments, including the corporate affairs ministry and its probe agency the SFIO (Serious Fraud Investigation Office), a senior official said.
The Sebi is looking into violation of securities market regulations including the strict disclosure requirements such as insider dealings with the promoters and related parties.
Besides, Sebi is also probing any possible violation of norms aimed at checking fraudulent and unfair trades and compromising the interest of minority shareholders.
A forensic audit has found possible irregularities and mismanagement in advances and investments made by Mangalore Chemicals and Fertilisers Ltd (MCFL), where Mallya’s UB Group remains a promoter entity despite Zuari Group having acquired a controlling stake, to his other group companies.
As a result, financial dealings of other group companies with their respective promoters are also being probed, the official said.
The board of MCFL, which Zuari Fertilisers and Chemicals Ltd took over last year after wresting control from Mallya, had appointed Ernst and Young LLP to do a forensic investigation into the Rs.200 crore investment MCFL had made in Bangalore Beverages Ltd.
The audit was also asked to look into various advances made by MCFL to Mallya’s flagship United Breweries (Holdings) Ltd (UBHL), of which Rs.16.68 crore was outstanding as of 31 March 2016.
Bangalore Beverages is a step-down subsidiary of UBHL and is facing a liquidity crunch. The audit found these “transactions may have involved irregularities and elements of mismanagement in the company.”
On its part, MCFL is also taking legal advice in connection with the findings of Ernst and Young. MCFL has made provision of Rs.200 crore for potential diminution in the value of investments in Bangalore Beverages.
It has also provided for Rs.16.68 crore advances receivable from UBHL in its books of account for 2015-16.
Various UB Group firms are already facing probes by Sebi relating to listing rule violations, while the corporate affairs ministry is also looking into alleged violations of certain provisions of the Companies Act. The role of previous auditors is also under the scanner.
10 мая. 2016