Analysis: Brewing jobs in front line of euro debt crisis
Europe’s biggest brewers may be forced to cut jobs and close breweries to cope with the escalating euro zone crisis and Danish brewer Carlsberg is already preparing for the worst. (more…)
China Resources says Q3 profit falls, beer sales up
* Beer division sales up 19.3 pct in Q3
* Retail sales rise 27 pct, same-store sales up 11.6 pct
* Says consumer sentiment hit by global economic woes (more…)
Chinese Beer Drinkers Reject Heineken’s “Bitter Taste”
In what should prove a cautionary tale for those hoping to ride the rise of China, Dutch beer giant Heineken International is in full retreat from its operations in the country, the world’s biggest beer market (the U.S., despite its Homer Simpson-esque reputation, is a distant second). (more…)
SABMiller announces US$260 million investment in Africa to fund capacity increases
Following strong growth in its African division, SABMiller plc [SAB: LSE/SAB:JNB] announces a US$260m investment programme to fund capacity expansion in its subsidiaries in Uganda, Ghana, Zambia and Tanzania. (more…)
SABMiller announces US$295 million investment programme in Peru
SABMiller plc [SAB:LSE/SAB:JNB] announces a US$295 million capital investment programme in its Peruvian subsidiary, Backus. (more…)
SABMiller sees Europe and U.S. tough after H1 miss
Brewing giant SABMiller Plc narrowly missed forecasts with an 11 percent rise in half-year earnings on Tuesday and cautioned that trading in Europe and North America will stay tough as its input costs ticked higher. (more…)
Anheuser-Busch brings Belgian beer caf? concept to America
Global brewing giant Anheuser-Busch InBev has revealed its intentions to launch the Belgium bar concept to the US, with plans to open ten locations of ‘The Belgian Beer Cafe’ during the next few years. (more…)
Craft Brewers Alliance Reports Third Quarter 2011 Results
Craft Brewers reports net sales increase of 10 percent for the third quarter of 2011; Significant net income growth of $0.9 million to $1.2 million (more…)
Buying a business in Romania: cultural due diligence and hidden cultural rules
Three years ago, Heineken N.V. announced the acquisition of the Romanian brewery Bere Mures. This transaction would strengthen Heineken’s leadership in Romania increasing both its market share – 31 percent, and volume to 6 million hectoliters. (more…)
Russia. SUN InBev extends the line of dark beer
SUN InBev brewing company presents its innovation – Bagbier Bock dark beer. It is the second dark brand in the company portfolio in Russia. (more…)