San Miguel Corp. (SMC.PH) said Wednesday its 2011 net profit declined 13%, as larger extraordinary gains in the previous year offset the surge in revenue due to the conglomerate’s diversification into energy-related businesses. (more…)
* Politicians and unions criticise executive bonuses
* CEO set to gain 144 million euros from bonus scheme
* A further 39 AB InBev executives set to gain
* AB InBev hits debt target two years early (more…)
MillerCoors, a joint venture between SABMiller and Molson Coors Brewing, plans to upgrade its brewery in Trenton with an investment of around $25m. (more…)
A subsidiary of the grain handler, CBH, says it is building a multi-million dollar malt milling plant in Vietnam to capitalise on South-East Asia’s growing taste for beer. (more…)
After decreasing for two consecutive years, the Romanian beer market stabilized in 2011 at 17 million hl, the same level as a year before, according to the Brewers of Romania Association. Total sales amounted to EUR 1.7 billion, a similar value to the one reported in 2010. (more…)
Molson Coors today officially inaugurated a new can line at the Montreal brewery in the presence of company executives and Sam Hamad , Minister of Economic Development, Innovation and Exports. (more…)
Grant McKenzie (37) was appointed Marketing Director at Plzensky Prazdroj in March 2012. He comes to replace Tom Verhaegen following Tom’s promotion to the position of Managing Director at Royal Grolsch – a major brewery in the Netherlands. (more…)
Despite hundreds of attempts, only a select few beer brands have made the successful transition from local to global. (more…)
The drinktec team has been having a go at brewing. The result is an ingenious combination of malt and hop varieties rounded off with a note of orange in a “bockbier” christened “Orange Spirit by drinktec Biermanufaktur”. (more…)
Baltika No. 7, the flagship beer of Russia’s number one brewery, has been added to the beer list of all 846 pubs and restaurants in the legendary British J D Wetherspoon chain, including the famous Lloyds No. 1 bars. (more…)
