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Asia/Australia
Although the dispute between the company and the Electrical Trades Union (ETU) drags on, CUB has dismissed a statement from the ETU, which claims that the brewer will now struggle to meet Christmas and summer stock demands.
Asia/Australia
So it’s beer again for Trevor O’Hoy, who resigned as CEO of Foster’s in 2008, after 33 years with CUB, thus taking responsibility for the brewer’s ill-fated foray into wine.
Asia/Australia
Following the loss of various AB-InBev brand licences, including Corona Extra in September 2016, Kirin’s Australian unit Lion will be dethroned as the major brewer in Australia. Kirin had a licensing agreement with AB-InBev under which it sold several popular brands. These rights reverted to Lion’s domestic rival CUB after the takeover of SABMiller by AB-InBev.
Asia/Australia
The practice of slipping bureaucrats a back hander is coming under increased scrutiny by US regulators. Not just in the US, but in foreign countries too. A minority-owned joint venture of AB-InBev used third-party sales promoters from 2009 to 2012 to make improper payments to officials in India to boost sales and production.
Asia/Australia
AB-InBev may walk into an interesting situation in Australia when they take over SABMiller. Since June 2016, a labour dispute at CUB’s Abbotsford brewery in Melbourne has simmered, leading several well-known local pubs to turn off their Carlton Draught and VB taps.
Asia/Australia
In this case it’s see and believe. Too often we were told that the Vietnamese government would sell its controlling stake in the country’s brewers Sabeco and Habeco and nothing came of it.
Asia/Australia
If you want a beach to yourself, go to Turkey. Where last year millions roasted like hot dogs, you will find empty deck chairs this year. Turkey’s spat with Russia is partly to blame for the drop in tourists.
Asia/Australia
Evil to him who evil thinks. Only three years ago Bihar’s government lured Carlsberg into the state and made it invest about USD 25 million in setting up a brewery. Then in 2015 the government introduced prohibition, which had been part of an election promise. What do you make of that?
Asia/Australia
The country’s major brewer Lion will receive as much as AUD 300 million (USD 224 million) in compensation for the early termination of its contract to distribute a portfolio of AB-InBev beers, including Corona, Budweiser, Stella Artois and Becks. The popular brands are handed back to Carlton and United Breweries (CUB), the renamed Foster’s, which is currently owned by SABMiller.
Asia/Australia
After Stockholm and Trondheim, Brooklyn Brewery will tap into South Korea’s booming craft beer market by building a brewery in Jeju, a tropical island off the country’s southern coast, which serves as a popular tourist destination.
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