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Europe/Russia
Brewers have applied to UNESCO, the United Nations Organisation for Education, Science and Culture, to have their “Reinheitsgebot”, the German beer purity law, join a list of “intangible heritage” that includes Spanish flamenco and Turkey’s Kirkpinar oil-wrestling festival, media reported at the end of December 2013.
Europe/Russia
SABMiller, the world’s number two brewer, reported a rise in profits for the first half of its financial year, as its business in Africa helped offset declining beer sales in Europe and North America.
Europe/Russia
So Bud is not a place. Who would have thought? The Colmar Court of Appeal has ruled that the “Bud” appellation of origin, owned by the Czech brewer Budejovicky Budvar, is invalid, AB-InBev reported in early November 2013.
Europe/Russia
Clay bricks are often impregnated with polystyrene as a way to enhance their heat-trapping abilities. However, EU restrictions on carbon emissions have made it expensive to incorporate polystyrene and other synthetic materials into bricks for this purpose.
Market
Just because Michael Hollmann, 55, used to be CEO of one of Germany’s largest brewing groups Brau + Brunnen, which he sold to Radeberger Brewery in 2004, it does not mean that he has the wherewithal to run his own brewery. In mid-November 2013 his Iserlohn Brewery filed for bankruptcy, owing suppliers and banks an estimated EUR 2 million.
Market
For the months January to October 2013, German brewers sold 2 percent less beer compared to the same period last year. Beer sales stood at 82.2 million hl. In October, beer exports declined too and registered -3.6 percent compared to October 2012. This adds to a loss of 3.1 percent for the January-October period. Beer mixes fared hardly better: sales declined 3 percent.
Europe/Russia
With hundreds of thousands of Russians dying of excessive drinking every year, the Kremlin says it plans to hike minimum prices for strong spirits, including vodka. According to a draft decree published by the government on 29 November 2013, the cheapest half-litre bottle of vodka will cost 199 rubles (USD 6.0/EUR 4.40), up from the current 170 rubles, as of 1 January 2014.
Europe/Russia
On 22 November 2013, Krones and Volkswagen were awarded the German Investors’ Prize for corporate social responsibility. “With Krones and Volkswagen, we have singled out two deserving companies as prize-winners. For both these corporations, responsible action is a vital element of their business operations”, Michael Schneider, head of Environmental, Social & Governance at DeAWM said at the award ceremony in Frankfurt.
Europe/Russia
Ah, those heady deal fantasies. Just because the controlling Carlsberg Foundation said in October 2013 that it wants to be able to cut its stake in the Danish brewer to below 25 percent, which could open the door for a share issue (and more money to spend on acquisitions), commentators have already been outdoing each other in guesswork who Carlsberg would buy next. Some even went as far as saying that Carlsberg have set their eyes on the Chinese brewers Tsingtao and Yanjing and the Philippine brewer San Miguel. Could it be that these commentators, in their exuberance, have ignored the fact that Tsingtao and San Miguel already have foreign shareholders? Japan’s Asahi owns 20 percent of Tsingtao and Kirin controls 48 percent of San Miguel?
Europe/Russia
Small brewers will be relieved. As of February 2014, AB-InBev, the country’s major brewer, will raise wholesale prices of beer by EUR 0.015 per glass. That’s EUR 0.06 per litre or EUR 2.40 per 50 litre keg.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
