China. The situation of the brewing industry is not optimistic
2015 proved to be unfavorable for the brewing industry of China. The growth rate not only stopped, but also showed an unprecedented decline over the past 24 years. (more…)
China. A new brewery of Anheuser-Busch InBev
On 28 December, Wugang City of Hunan Province witnessed the laying of the foundation stone of a new brewery of Anheuser-Busch InBev. The event was attended by the representatives of the municipal authority of Wugang. (more…)
China. Tsingtao Brewery has launched IPA Craft Beer
On 2
5 December 2015, the Chinese Tsingtao Brewery presented its own version of the famous craft beer Indian Pale Ale. The degustation of new beer for the Chinese was held in Tsingtao community living room and became an important event for everybody who likes it. (more…)
Vietnam. Big waves in the beer market
According to the Euromonitor data, the high company’s share in the beer market does not guarantee a large profit. Thus, Sobeco controls 46% of the Vietnamese beer market, its revenue in 2014 amounted to 30.000 billion dongs and net profit to 4,000 billion dongs. At the same time, VBL controls 18.2% of the market, but its profit is estimated at 6.200 billion dong. (more…)
Vietnam. Habeco got disappointed in partnership with Carlsberg
At the recent conference, Nguyen Hong Linh, CEO of Hanoi Beer Alcohol & Beverage Joint Stock Corp. (Habeco) said that he had been disappointed by cooperation with a strategic partner Carlsberg Group. (more…)
Vietnam-Thailand. JSC Masan Group and Singha Asia Holdings Pte. Ltd. officially signed a partnership agreement
The deal to the cost of 1.1 billion dollars allowed receiving 25% of the shares of Masan Consumer Holdings and 33.3% of the share of Masan Brewery. (more…)
Russia. A number of distributors are on the verge of giving up beer trade
A quarter of the wholesalers may stop beer distribution. Based on its own data and information of trade unions “Opora Rossii” estimated that it happened because of the need to join the Unified State Automated Information System (USAIS). (more…)
China. CR Snow has launched a new brewery near Harbin
The opening ceremony of the new brewery of CR Snow within the project of extending business in remote regions was held on 23 December. The capacity of the new enterprise is 3 million hectoliters of beer per year. (more…)
The Chinese beer market welcomed the merger of two giants
The merger of two beer giants AB InBev and SAB Miller will lead to a monopoly in the market of China and USA. (more…)