On14 March 2016 Lanzhou Huanghe Enterprise Co., Ltd., the representation office of the Yellow River Group in Lanzhou, at an extraordinary meeting of the Board of Directors took the decision to close the production of Jinquan West Brewery Co., Ltd. (more…)
Complaints have surfaced over the increasing percentage of alcohol used in beer supplied in the district.
Though the Excise department is yet to receive a written complaint, there is a possibility that alcohol content in beers is being increased to attract more customers. (more…)
Consecutive droughts in the parched Marathwada region seem to have had no effect on liquor manufacturers.
As many as 16 manufacturers, who are into the production of beer, country made and foreign liquor have contributed Rs 583 crore more in terms of revenue to the state excise department in 2015-16 as compared to the previous financial year. The units of all these manufacturers are spread over Aurangabad, Nanded and Osmanabad districts. (more…)
In 2015, the sales of Yanjing Brewery Co, Ltd. amounted to 4.83 million thousand-litres, which is 9.23% less than last year.
Yanjing Beer recorded a sales volume of beer of 5.321 million thousand-litres for the year 2014. (more…)
Away from the furore over huge loan default in India by Vijay Mallya-led UB Group, its US-based brewery arm has secured a complex funding that it intends to repay later with a ‘bridge loan’ from its parent. (more…)
Thapana Sirivadhanabhakdi, chief executive and president of Thai Beverage Plc (ThaiBev), is keen on strong cooperation between all stakeholders from the government and the private sectors to drive rural economic development. (more…)
United Breweries (Holdings) Ltd (UBHL) said on Friday that Sidhartha Mallya, a non-executive, non-independent director of the company, has left his post with effect from 31 March. UBHL announced the exit of chairman Vijay Mallya’s son in a filing to the BSE. (more…)
The starting price of the Shymkentpivo brewery is about 28 billion tenge. ATF Bank sells the property of the arrested businessman Tokhtar Tuleshov. (more…)
“Studies show that from 2010 to 2015, craft beer in China has grown in market share by about 23 percent,” Donnie Everts, vice president of international development for World of Beer tells FOXBusiness.com. (more…)
The revenue of the State-run Tamil Nadu State Marketing Corporation (Tasmac) is expected to touch Rs. 30,000 crore during the Assembly election season. Currently, it has a revenue of more than Rs. 27,000 crore.
Analysts who track the liquor market say that with the mercury rising, beer sales would shoot up this election season. It will increase three-fold they add. The last two years saw beer sales dip by 20 per cent across the State. The rise in liquor prices was cited as a reason. In March 2015, only 20.85 lakh cases were sold against 25.39 lakh cases in 2014. April 2015 witnessed sale of 20.85 lakh cases against 25.40 lakh cases in 2014. (more…)