E-Malt.com News article: Madagascar: Nouvelle Brasserie de Madagascar gets permit to operate from next year

Phoenix Beverages Ltd. said it will start production in Madagascar in January after its associate company, Nouvelle Brasserie de Madagascar SA, got permits to operate in the country, Bloomberg reported on October, 4.

The board of Phoenix “strongly believes that this long- planned market entry will provide PBL with both volume and interesting profit opportunities,” the company said in an e-mailed statement.


06 October, 2010