Budweiser Budvar nudges up production in 2016 again
Production of Budweiser Budvar beer reached a new record in 2016. Budejovicky Budvar, the Czech state-owned brewery, said on 17 March 2017 that its output rose 0.8 percent to 1.6 million hl beer, the highest volume in its 122-year history. The company stated its sales could have been higher but it had to turn down orders during the summer peak as it lacked the capacity to fill them.
It did not disclose exact export figures but said it sells about 60 percent of its production abroad.
The brewery says it has been close to reaching its production limits since 2015 and is investing nearly USD 80 million until 2020 to expand capacity to two million hl a year.
Keywords
international beer market beer output Czech Republic
Authors
Ina Verstl
Source
BRAUWELT International 2017