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. ...
Vietnam. Why are investors attracted to Sabeco?
It is the largest brewery in the Vietnamese market, dominating the middle-class beer market segment.
Sabeco has been a joint stock company for eight years, after equitization. However, the state now still holds 89.95 percent of shares, while Heineken holds 5 percent.
Therefore, the joint stock company, by nature, is still a state-owned enterprise. The chairs of the company’s board of directors and other key positions are appointed by the Ministry of Industry and Trade (MOIT).
Sabeco’s managers suggested selling stakes in two campaigns, about 20-30 percent of stakes each. The second campaign will come one year after the first.
Meanwhile, MOIT has recently submitted to the government the plan to sell Sabeco stakes, to reduce the state’s ownership ratio from 89.59 percent to 36 percent.
This means that the new investors will have opportunities to hold controlling stakes in the company.
However, to many people’s surprise, the plan to withdraw the state’s capital and list shares on the bourse was not put into discussion at Sabeco’s shareholders’ meeting held on May 27.
Answering shareholders, Vo Thanh Ha, chair of Sabeco, said Sabeco could not make a decision on the issue and only the state can determine the capital withdrawal process and how much to sell.
As such, Sabeco still does not intend to list its shares, while investors have become impatient. Since equitization, Sabeco has changed its chair of the board of directors twice, but has not fulfilled the promise to list shares.
Some sources said Sabeco doesn’t want to list shares on the bourse at this moment because the brewery fears it may be swallowed by foreign investors. The drink market is a fertile soil which brought VND3-4.5 trillion worth of pre-tax profit every year in the last five years. Its major task in the immediate time is to preserve its strong brand.
Commenting about Sabeco’s value, the Vietnam Association of Financial Investors (VAFI) said 10 years ago, Sabeco, the nation’s leading brewery, was much larger than Vinamilk, the nation’s leading dairy producer with its profit double that of Vinamilk. But nowadays, Vinamilk’s profit is three times higher than Sabeco.
Sabeco’s financial report showed that in 2015, the holding company could create VND8 trillion worth of revenue, or 30 percent of Sabeco’s total revenue, while the remaining was brought by associated businesses and joint ventures.
1 Июн. 2016