Carlsberg To Boost Russian Operations As Profit Surges

  • Reading time:3 min(s) read

Brewer Carlsberg A/S said Monday, as it reported a sharp rise in fourth-quarter net profit, that it will spend a up to DKK6.5 billion ($1.16 billion) to gain full control of brewer Baltika Brewery in a bid to swing its ailing Russian business back to growth. (more…)

Euromonitor: Carlsberg Needs to Find Growth Opportunities if it is to Retain its Global Position

  • Reading time:5 min(s) read

Carlsberg is currently the world’s fourth largest brewer, commanding nearly a 6% global beer volume share in 2011. However, as the company has faced falling demand in its main European markets in the past couple of years, it has been losing share, with fifth-ranked China Resources already threatening the Danish brewer’s position in the global rankings. (more…)

Carlsberg acquires Hue Brewery Company

  • Reading time:1 min(s) read

The central province of Thua Thien Hue has sold its 50% stake in the Hue Brewery Company to Danish brewer Carlsberg Group, another partner in the joint venture, for VND1.8tn ($93m). (more…)