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Europe/Russia
You cannot fault them for their perfect timing. On 25 February 2016, when the German parliament was to cast a vote on whether to extend approval for the use of glyphosate, the world’s most widely used weed killer, media screamed that a Munich environmental institute had found traces of the pesticide in 14 of Germany’s most popular beers. All the same, parliament voted in favour of the extension.
Europe/Russia
With over 900 new breweries opening since 2013, the European beer industry has bounced back from the financial crisis. This is one of the key findings of a study released on 23 February 2016 by the Brewers of Europe, a lobby group.
Europe/Russia
Looks like the global beer party is over. AB-InBev on 25 February 2016 issued a warning that a slowdown in markets such as Brazil and China will weigh on the brewer this year.
Europe/Russia
Why do Russians prefer local beer brands? Because some of them are cheaper than the foreign owned ones. Over the past five years, the share of local brands in the Russian beer market has increased from 15 percent to 25 percent, the Turkish brewer Efes reported in January 2016.
Europe/Russia
Let’s see how it goes. The maker of Punk IPA is planning to run an “Equity for Punks” crowdfunding campaign in the U.S. in May this year, although admitting that its latest crowdfunder in the UK is still a few million bob short of target it set for April.
Europe/Russia
Acknowledging that some brands still require local ties, AB-InBev’s CEO Carlos Brito symbolically broke ground in Leuven on 22 February 2016. At its Artois brewery AB-InBev will expand brewing capacity to 12 million hl by 2017. That’s an increase of 30 percent over today and represents an investment of EUR 55 million.
Europe/Russia
Will there be another cut in beer duty when the Chancellor of the Exchequer releases his budget on 16 March 2016? It is to be hoped.
Europe/Russia
How times are changing. Carlsberg made more profit last year in Asia than in eastern Europe for the first time. Eastern Europe – predominantly Russia – accounted for just 19 percent of operating profits last year, down from a peak of 52 percent in 2009, while Asia jumped to 28 per cent.
Europe/Russia
ThaiBev’s aggressive posturing did its trick: it separated the serious bidders for SABMiller’s brands Peroni and Grolsch from the ditherers.
Europe/Russia
Bad timing. Two of the world’s major brewers released their annual results on the same day. And they could not have been more different. While Dutch Heineken benefitted from rising demand for premium beers in Latin America, the Danish brewer Carlsberg continued to suffer from declining demand in Russia.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
