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Europe/Russia
Russia: down. Western Europe: down. How much worse can it get? On 9 November 2011 Danish brewer Carlsberg reported an almost flat net profit for the third quarter 2011 amid declining sales in most of Europe and Russia. "2011 has been a challenging year and we have faced headwinds from rising input costs, adverse weather conditions and soft trading conditions in our largest market," chief executive Jørgen Buhl Rasmussen said.
Europe/Russia
AB-InBev's German employees are worried. In early November 2011 workers at the Beck's brewery in Bremen were told that in 2012, about 600,000 hl of Beck's beer will be brewed at the St. Louis brewery. In 2013, another 80,000 hl, currently exported to Canada from Bremen, will be brewed at Labatt's in Canada.
Europe/Russia
The Abbey of Saint Sixtus in Westvleteren, one of the smaller brewing establishments of the Trappist monks in Belgium, is famous for its beers. It is generally not possible to buy the Westvleteren beers in shops. If they are available in specialty beer bars, it's because someone has gone to the trouble of personally picking them up at the monastery by the crate at a pre-given time.
Europe/Russia
Seems like the winner gets it all. Being the market leader in the U.S. and Brazil, AB-InBev got away with raising beer prices by 9.4 percent in Brazil and 3.7 percent in the U.S. in the first half of 2011. As a result, third-quarter profits rose by over 16 percent to USD 2.03 bn compared with last year's equivalent of USD 1.86 billion, the company reported on 9 November 2011.
Europe/Russia
So do football and beer go together or do they not? To all appearances, football bodies are in two minds about it. FIFA, the international football federation, thinks it's ok, while the German Football Federation, DFB, begs to differ.
Europe/Russia
They don't give up easily. On 31 October 2011 the Scottish Government published its bill on a minimum unit price for alcohol. The bill looks to set a minimum price for a unit of alcohol as a condition of the licence. It also sets the formula for calculating the minimum price (based on the strength of the alcohol, the volume of the alcohol and a price per unit of alcohol).
Europe/Russia
On 26 Ocotber 2011 Carlsberg announced it has appointed Dr Isaac Sheps, currently CEO of Carlsberg UK, to take over the leadership of Baltika Breweries (Baltika), Carlsberg’s Russian unit. Dr Sheps will also be responsible for Carlsberg’s operations across Eastern Europe. He will take over on 1 December 2011 and replace Anton Artemiev, the current CEO of Baltika, who will nevertheless continue to serve as a member of the Baltika Supervisory Board.
Europe/Russia
Dutch brewer Heineken on 26 October 2011 reported a 1 percent rise in net profit for the third quarter (July to September 2011), claiming that strong sales in Africa and elsewhere offset the impact of poor summer weather in Europe.
Europe/Russia
Pollaers (Foster’s), Artemiev (Baltika) and Dunsmore (C&C Group): it must be the season for golden handshakes. The Chief Executive of Irish drinks and cider group C&C (Magners, Bulmers, Tennent’s) John Dunsmore will be in line for a multi-million euro payout after he unexpectedly announced his resignation on 19 October 2011.
Europe/Russia
According to Japanese media, French group Danone has approached Japan’s Suntory Holdings about a potential purchase of the French food giant’s mineral water business, which includes the Evian and Volvic brands, it was reported on 22 October 2011.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
