The unfavorable condition of the Chinese brewing industry did not prevent AB InBev from expanding their production as they constructed several new brewhouses in 2014-2015 and started new beer filling lines.
Mr. Li Ruxiong resigned from the position of Executive Director, Chief Financial Officer and the company’s secretary. He will be replaced by Li Boasheng, who joined CR Brewery team in September 2008, at the age of 49.
The revenue of Chinese Tsingtao Brewery Co., Ltd in 2015 amounted to 27.63 billion yuan which is 4.87% less versus the previous period. And the net profit decreased by 20.18% to 1.612 billion yuan.
The Russian government has prepared amendments to the legislation providing for a ban on the production and sale of alcohol in plastic bottles larger than 1.5 liters, reported on the website of the Cabinet. It is expected that this will … Continue reading
On 27 May, it became known that the usual «big green stick» bottle of Snow Beer of 580 ml was substituted by a new pack of 500 ml. A row of supermarkets practically do not propose beer in the old … Continue reading
On May 24, 2016, at a board meeting an elective resolution was taken to close Chongqing Brewery Bozhou Co., Ltd in Anhui, with a production capacity of 40 mln liters of beer per year. Closing the brewery in Anhui province … Continue reading
In 2015, although the national beer output reached 3.4 billion liters, according to the Association of Beer — Alcohol — Beverage Vietnam (VBA), over 5 years, the growth rate of the beer sector was dwindling rapidly as in 2011 it … Continue reading
As summer came, the season of beer sales has started. Consumers saw imported beer in the best shelf spaces in many big supermarkets. Profits from selling imported beer are much higher than from Chinese sorts which created a great problem … Continue reading
In 1Q of 2016, the enterprises of the RF cut vodka and champagne production, but expanded cognac, beer and cigarettes
In 1Q2016, the market share of Carlsberg Kazakhstan in the total sales volume in the Kazakh beer market amounted to 35.5% (in the off-trade channel according to retail audit by Nielsen Kazakhstan), which is 4.2 p.p. higher than the same … Continue reading