Peroni Nastro Azzuro Hits The Arequipa Market
– It’s the second Peruvian city where the brand is released.
– Peroni NA is the international, super premium brand from Backus’ portfolio.
– The beer is imported directly from Italy. (more…)
US. Craft brewers can still distribute under Ill. bill
An Illinois bill would allow craft beer brewers to distribute their own beer, reversing a court ruling to stop that practice. (more…)
Rwanda: Bralirwa Ltd delivers solid performance in 2010 with net profit growing 62.8%
Heineken’s Rwandan unit, on Monday announced its net profit increased by 62.8% to Frw 10.3 billion, driven by robust operating profit growth, lower interest expense and lower income tax expense. (more…)
Belgium. Duvel Moortgat’s turnover for the first quarter “presents good internal growth”
Belgian brewer Duvel Moortgat on Monday said its turnover for the first quarter “presents good internal growth”. All brands, with the exception of Bel Pils, are progressing. The growth in turnover is also positively influenced by the incorporation of the De Koninck group turnover for the three-month-period. (more…)
ThaiBev reports decrease in beer sales volume by 6.1% in first quarter 2011
Thai Public Beverage Co (ThaiBev) reported the domestic beer market in the first quarter of 2011 was flat as certain customers shifted to consume brown spirits products. Consequently, the overall beer consumption was affected as brown spirits ate in the beer’s market share and created more or less impact to different brands. (more…)
Japan. Beer shipments rise 4% in April
Although the overall market has been shrinking, beer shipments in Japan turned higher in April following a sharp fall (-19.9%) in March. (more…)
Singapore’s Court of Appeal dismisses appeals by two European banks against Asia Pacific Breweries
Asia Pacific Breweries Pte Ltd on Thursday said that the Singapore Court of Appeal has ruled in favour of APBS in respect of the appeals filed by Skandinaviska Enskilda Banken AB (“SEB”) and Bayersiche Hypo-und Vereinsbank Aktiengesellschaft (“HVB”) against the Singapore High Court ruling dated 1 September 2009. (more…)
China Resources Enterprise total beer sales volume rise 10.3% in Q1 2011
China Resources Enterprise, Limited on Thursday announced its unaudited quarterly financial and operational review for the three months ended 31 March 2011. (more…)
Anheuser-Busch InBev to redeem outstanding 1.25 billion USD prior to maturity
Anheuser-Busch InBev Worldwide Inc. on Thursday announced that it has provided the holders of the 7.20% notes due 2014 notice of its intention to redeem the outstanding 1.25 billion USD principal amount of the Notes, effective 20 June 2011. (more…)
Romania. Ursus Breweries’ volumes drop 8%
In the financial year ended at March 31st, 2011 Ursus Breweries’ volumes declined by 8% in an economy which is slow to recover. Consumer confidence continues to be seriously impacted by government austerity measures and a decline in real wages. (more…)