C&C Group announces distribution partnership with Vandergeeten in China
Tennent’s is to be distributed across China after owner C&C Group agreed a strategic partnership with Beijing-based import business Vandergeeten. (more…)
Russia. Heineken to locally produce non-alcoholic Gősser
The bottling of non-alcoholic beer under the Austrian brand was launched at Heineken’s breweries in St. Petersburg and Nizhniy Novgorod in April under a license agreement with the copyright holder — Brau Union Osterreich Aktiengesellschaft (Heineken’s subsidiary). (more…)
Thailand. In 1Q 2016, ThaiBev beer sales grew 61.1%
Thai Beverage Public Company Limited (“ThaiBev”) published the performance of the first quarter of 2016. (more…)
India. UBHL seeks a month’s time to file results due to Vijay Mallya cases
UBHL has sought a month’s time to file last fiscal’s results citing “uncertainties” resulting from ongoing cases against its Chairman Vijay Mallya in the Supreme Court and Debt Recovery Tribunal over the Rs 9,000 crore dues owed by its defunct group firm Kingfisher Airlines to lenders. (more…)
RASTAL wins Red Dot 2016
The products of the year were awarded at the end of March. With the “Craft Master Two”, RASTAL was able to score with the expert jury and outperform the international competition. The sought-after “Red Dot” award is the highly respected seal of outstanding design quality. (more…)
India. Vaiko wants 1826 TASMAC shops to be closed
A day after Chief Minister Jayalalithaa ordered closure of 500 state-run Tamil Nadu State Marketing Corporation (TASMAC) liquor outlets, MDMK leader Vaiko appealed to the government to close 1826 shops. (more…)
Russia. Restrictions on beer advertising made Heineken open its own pub in Moscow
Heineken opened its own summer beer pub in Bolshaya Dmitrovka Street in Moscow, Vedomosti reports, citing the company’s representative. In his words, such a step has been taken due to existing restrictions on beer advertising. (more…)
Vietnam. 4 enterprises occupied 88.4% of the beer industry
In 2015, although the national beer output reached 3.4 billion liters, according to the Association of Beer – Alcohol – Beverage Vietnam (VBA), over 5 years, the growth rate of the beer sector was dwindling rapidly as in 2011 it was 8.5%, and fell to 4.7% by 2015. (more…)
Asia’s Beverage Market to Experience Unprecedented Growth, Claiming Two-Thirds of Global Incremental Consumption by 2021, says Canadean
Canadean’s latest long-term beverage predictions highlight the increasing volume migration from developed to emerging markets. (more…)
Vijay Mallya’s India woes now troubling his US beer firm
Legal proceedings in India against beleaguered businessman Vijay Mallya has now come to haunt his US-based brewery firm, which is banking on $1 million bridge loan promised by his holding firm for survival. (more…)