Vietnam. Carlsberg in talks over additional Habeco stake

Vietnam. Carlsberg in talks over additional Habeco stake
  • Reading time:4 min(s) read

Danish brewer Carlsberg is negotiating with the Hanoi Beer Alcohol and Beverage Corporation (Habeco) over the purchase of an additional stake following the latter’s listing on the UPCom market last week, officials have said.

“Negotiations will be carried out between related parties on October 31,” Deputy Minister of Industry and Trade Hoang Quoc Vuong told a press conference following the government’s monthly meeting on October 29. (more…)

Beer market of Russia, 2016. Balance found?

Beer market of Russia, 2016. Balance found?
  • Reading time:47 min(s) read

Over the past 6 years there was not a sign of the beer market stabilization, but now we can cautiously speak of it in three different aspects – economic, demographic and competitive. On the one hand, the changes are touching upon the consumption structure, i.e. the beer volumes drunk by different generations of the Russians are coming to equilibrium. On the other hand, the fall of beer sales by international companies was balanced by the growth of their smaller competitors. The economy in 2016 is more stable, the spring-summer season passed without shocks and the Russians, heated by the good weather, thought of beer. The year was marked by three events on the market, i.e. beer advertisement return to TV, Baltika’s sales fluctuations, and transition of Carlsberg and Gosser brands to the mainstream segment. (more…)

Carlsberg Group

Carlsberg Group
  • Reading time:8 min(s) read

Carlsberg Group ranks fifth by the sales volumes in China. The company is referred to as King of the West as it owns the “controlling stake” of the beer market on huge but sparsely-populated territories of the Western China. (more…)

Cambodia. Strike slows flow of Angkor beer

Cambodia. Strike slows flow of Angkor beer
  • Reading time:2 min(s) read

Cambrew’s brewery in Sihanoukville is still producing beer, but an ongoing strike could put its flagship Angkor brand in short supply after the labour dispute forced a suspension of the factory’s warehouse and distribution activities this week. (more…)

India. Under Michael Jensen, Carlsberg has more than doubled its business

India. Under Michael Jensen, Carlsberg has more than doubled its business
  • Reading time:3 min(s) read

For 54-year-old Michael Jensen, who heads Carlsberg in India, it’s not easy to sell products that mostly appeal to consumers half his age. Yet, in his three-year stint as the chief executive of the Danish brewer in India, he has managed to more than double the business to exceed Rs 1,000 crore in calender year 2015. (more…)

The uneven development of Carlsberg Asian markets in 1H2016: strong growth in India and Laos with 8% volumes decline in China

The uneven development of Carlsberg Asian markets in 1H2016: strong growth in India and Laos with 8% volumes decline in China
  • Reading time:3 min(s) read

Carlsberg says its operating profit in Asia is increasing due to premium propositions growth.

According to the first-half results, Asia region continued to deliver solid organic revenue growth (+4%) thanks to a strong 7% price/mix and despite a negative volume development in China. In addition, organic operating profit growth was a healthy 6%. (more…)

Russia. Baltika summarized H1 results

  • Reading time:5 min(s) read

Due to the challenging macro environment in H1 2016 the Russian beer market declined by an estimated 2-3% compared to the same period last year. Further decrease in purchasing power continue negatively affecting the market development, which is caused by volatility of the economic situation. (more…)