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15 December 2003

Carlsberg to sell Stockholm brewery site

In November the Board of Directors of Carlsberg Sweden decided to transfer the production of beer and soft drinks from the former Pripps brewery in Stockholm to Falkenberg and to a lesser extent to Copenhagen.
The transfer of the production will take place gradually, and the process is to be completed during October 2004 according to an official statement. It is hoped that this decision will improve Carlsberg Sweden’s operating profit by approx. SEK70 million (EUR7.8 m) coming into full effect in 2005. Once the transfer has been completed, the brewery site will be sold.
With the closure of the brewery, about 300 jobs will be shed in Stockholm, however, approx. 60 new jobs will be created in Falkenberg. One-time costs related to the restructuring have not been specified..

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