Myanmar Brewery has upped its game, as international competitors Heineken and Carlsberg launch their beers into the market.
Myanmar’s largest brewery has an 80 percent market share – 65pc or 70pc, if smuggled and imported brands are added into the mix – said Hiroshi Fujikawa, the company’s new CEO. (more…)
Sabeco is the biggest Vietnamese beer maker, with a 46-per-cent market share. The Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) accounts for 17.3 per cent of the market.
The local beer market is set to face tough competition due to a rising number of foreign brewers moving into the market after Viet Nam joins the Trans-Pacific Partnership (TPP), experts said. (more…)
Guinness Anchor Bhd (GAB) does not expect any major shift in business directions following the takeover of its holdings company GAPL Pte Ltd by Heineken NV last October.
GAB MD Hans Essaadi said despite having a new parent entity, GAB is committed towards its business model which has propelled it to become a leading brewer in the market with a strong product line. (more…)
Russian beer market is becoming ever more difficult to operate on for the major international companies. On the one hand, they turned out to be the most dependent on the forex fluctuations, that is, ruble devaluation has sharply decreased their revenues. On the other hand, the mass beer brands that used to secure steady sales are currently difficult to fit into the narrowing market space, while brands by independent companies are gaining popularity. Falling volumes of production and revenues force companies to close breweries optimizing capacity utilization, to raise prices and consequently, lose consumers, and to focus on premium and international beer segments where their positions are still strong. While in 2014 these processes led to market premialization, by the end of the year the sales growth of inexpensive beer by independent producers started exerting such a strong influence on the market, that its polarization resumed again. (more…)
Heineken N.V. (‘HEINEKEN’) announced today that it has started a strategic review of its Hartwall business in Finland. (more…)
Heineken is set to unveil two new beers Amstel Wheat and Tecate Michelada in the US in September 2012, as part of plans to expand its footprint in the country. (more…)
Heineken N.V. announced today that it will propose to the Annual General Meeting (AGM) of Shareholders on 25 April 2013 that Mr. Henk Scheffers be appointed a member of the Supervisory Board of Heineken N.V. If approved, Mr. Scheffers will join the Audit Committee. (more…)
Heineken N.V. (‘Heineken’) today announced that Heineken and Efes Breweries International N.V. (‘EBI’), a wholly-owned subsidiary of Anadolu Efes, agreed to unwind their partnerships in Kazakhstan and Serbia (more…)
Moody’s says it will not downgrade its ratings of Carlsberg and Heineken, despite the potential harm a massive French tax increase in January could pose to national beer sales. (more…)
Heineken USA today announces the appointment of Oscar Garcia as Region Vice President Sales, Central Region, effective immediately. In his new role, Garcia will report to Scott Blazek, Senior Vice President of Sales, and will be responsible for driving portfolio performance and delivering results through the effective management of regional resources. (more…)
