India. Under Michael Jensen, Carlsberg has more than doubled its business

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For 54-year-old Michael Jensen, who heads Carlsberg in India, it’s not easy to sell products that mostly appeal to consumers half his age. Yet, in his three-year stint as the chief executive of the Danish brewer in India, he has managed to more than double the business to exceed Rs 1,000 crore in calender year 2015. (more…)

Vietnam. Sabeco to be listed on exchange

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The Saigon Beer, Alcohol and Beverage Corp (Sabeco) may get permission to be listed on the stock exchange in the near future, the Ministry of Industry and Trade (MoIT) said in a statement. (more…)

InBev-Miller Deal Signals Tougher Merger Scrutiny In China

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The Chinese government used a pair of distinguishing factors in approving Anheuser-Busch In-Bev’s takeover of SABMiller PLC last month that warrant close scrutiny by multinational companies seeking to merge or acquire companies there, practitioners said. (more…)

The uneven development of Carlsberg Asian markets in 1H2016: strong growth in India and Laos with 8% volumes decline in China

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Carlsberg says its operating profit in Asia is increasing due to premium propositions growth.

According to the first-half results, Asia region continued to deliver solid organic revenue growth (+4%) thanks to a strong 7% price/mix and despite a negative volume development in China. In addition, organic operating profit growth was a healthy 6%. (more…)

Does North Korea Make the Best Beer in Asia?

Does North Korea Make the Best Beer in Asia?
This photo taken on August 12, 2016 shows a waitress carrying jugs of beer to guests before the opening of the Pyongyang Taedonggang Beer Festival on the banks of the Taedong river in Pyongyang. / AFP / Kim Won-Jin (Photo credit should read KIM WON-JIN/AFP/Getty Images)
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North Korea may lag far behind its Asian neighbors in nearly everything — economic development, Olympic medals, and human rights, to name a few — but there’s at least one area where it remains competitive: beer. (more…)

Russia. Baltika summarized H1 results

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Due to the challenging macro environment in H1 2016 the Russian beer market declined by an estimated 2-3% compared to the same period last year. Further decrease in purchasing power continue negatively affecting the market development, which is caused by volatility of the economic situation. (more…)