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Europe/Russia
The secrecy surrounding the EU-US trade talks – the Transatlantic Trade and Investment Partnership (TTIP) - has already stoked widespread fears among European environmental and consumer groups that the pact will lower standards for everything from apples to automobiles. Opposition to TTIP is rife. But the angst over the potential impact of an EU trade agreement is also coming from mainstream European groups who don’t have a knee-jerk approach to trade agreements.
Europe/Russia
The beer division of German food and beverage company Oetker Group faces a fine of EUR 190 million (USD 263.3 million) for its involvement in fixing beer prices, the German news magazine Focus reported on 9 March 2014.
Europe/Russia
Who would have thought that MPs could be in a state of advanced inebriation when voting in parliament? Apparently, some must have proven very tired and emotional indeed or the speaker of the lower house of the Czech parliament would not have banned the sale of alcohol at restaurants and cafes on the premises of the country’s legislature during plenary meetings in early March 2014.
Europe/Russia
Has Carlsberg become a risky investment? Shares in Carlsberg dropped 4.3 percent on 3 March 2014 after investors deserted the Danish brewer due to its exposure to the Russian market as the Ukraine crisis escalated, media reported.
Europe/Russia
They did not wait for the Brewers of Europe ’s generic beer campaign to get off the ground. Instead, they decided to go alone with their own to boost domestic beer consumption. And not too soon. While beer exports from Belgium are up, consumers back home are drinking less and less local beer.
Europe/Russia
More than 100 exhibitors and over 7,800 visitors (+45 percent over 2013) attended the Munich beer festival Braukunst Live! which was held at the weekend of 21 to 23 February 2014. Beer lovers, who on average had splashed out EUR 50 for a ticket and beer samples, were enthusiastic about this year ’s wealth of innovations, special brews, lectures and master classes offered at the fair.
Europe/Russia
These are interesting figures: Sales of Budweiser in the U.S. declined 29 percent between 2007 and 2012, says Beer Marketers’ Insights. Budweiser Select was down 61 percent over the same period, Michelob Light a staggering 70 percent. AB-InBev cannot be too pleased. However, rival MillerCoors was not spared either: sales of Miller Genuine Draft dropped 56 percent and Milwaukee’s Best Light 40 percent.
Europe/Russia
Is flat the new high? Reporting full year 2013 results, brewer Carlsberg said that net sales were flat at DKK 66.55 billion (USD 12.3 billion), while operating profits also came in flat at DKK 9.85 billion (USD 1.8 billion). However, Carlsberg on 19 February 2014 posted a drop in full-year profits as volumes and sales declines in Eastern Europe outpaced growth in Asia.
Europe/Russia
Where do they take their courage from? At the end of 2014 there will be between 430 and 440 breweries in Switzerland, an increase of 6 percent over 2013. There were 409 breweries in 2013, up from 32 in 1990 when the Swiss beer cartel was dismantled. However, 96 percent of all breweries produce less than 15,000 hl beer annually, Swiss authorities say.
Europe/Russia
That’s Russian hubris for you. In three years’ time, Russian Standard vodka’s owner, the billionaire Roustam Tariko, hopes to sell more vodka than Diageo.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
