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Publication date: «22.02.2008». 21 articles
Mexico: Modelo 4th quarter net profit falls 2.3% on higher costs
Mexico's top brewer Modelo, the maker of Corona beer, posted a 2.3 percent decline in fourth-quarter net profit as exports slumped and costs soared, Reuters reported February 21.
Modelo said its . . .
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22 February, 2008
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USA: Anheuser-Busch affirms long-term earnings growth target of 7%-10%
Anheuser-Busch management reviewed the company’s strategies to accelerate U.S. beer sales and profitability, and reaffirmed the company’s 7 to 10 percent long-term earnings growth objective, in a presentation given at . . .
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22 February, 2008
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India: SABMiller may have to pay tax for Foster’s India buyout
After serving notices to Vodafone for the $11-billion Hutch-Essar-Vodafone deal, the income tax department has put the $120-million Foster’s India-SABMiller transaction under the scanner, TNN reported February 22.
The Pune office . . .
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22 February, 2008
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Czech Republic: Czech brewers increase beer price
Some other brewers plan to increase the price of their beers in the next few months, according to media, February 21. The cause is higher prices for raw materials, especially . . .
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22 February, 2008
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France: French people consumed less beer in 2007
In 25 years French beer consumption has decreased 25%, Le Figaro reported February 20. For beer, as well as for wine the quality is preffered over quantity.
While beer consumption decreased . . .
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22 February, 2008
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Belarus: “Brestskoe pivo” plans a 10% increase in beer production in 2008-02-22
OAO “Brestskoe pivo” plans an increase in beer production till 0.33 million hectolitres which is 10% higher than in 2007, Belta reported February 18.
According to specialists this will imply . . .
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22 February, 2008
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Russia: No new beer brand launched in 2007
Russian brewers haven’t produced any new beer brand in 2007, according to Business Analitica, Russian Business reported February 20. But this is not an impediment for beer market growth: beer . . .
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22 February, 2008
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Belgium: Duvel to continue beer production at Liefmans Breweries’ plants
Belgian brewer Duvel Moortgat said that administrators of Liefmans Breweries had given it the right temporarily to continue production at the Belgian peer's plants, according to Reuters, February 20.
Duvel, known . . .
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22 February, 2008
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USA & China: Tsingtao beer aims to break out of the niche market in the USA
Key to its global expansion plan, China's leading beermaker Tsingtao aims to break out of the niche market in the U.S., according to Business Week, February 19.
Crown Imports, the largest . . .
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22 February, 2008
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USA: Iron City Brewing to get $937,000 from state for upgrading production facilities
Iron City Brewing Co. is getting $937,000 in previously pledged public funds to help upgrade production facilities at its Lawrenceville brewery, Pittsburgh Tribune-Review published February 20.
The company, renamed after new . . .
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22 February, 2008
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