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Europe/Russia
Diageo’s management is planning very limited price increases during the current fiscal year. Price rises are expected to boost sales about 1 percent in the year ahead, compared with 3 percent to 4 percent in the previous year ended 30 June 2009.
Europe/Russia
While it’s too early to call an end to the industry downturn, some of the company’s markets such as China and particularly Columbia have recovered much faster than others, Graham Mackay, CEO of SABMiller, said in an interview in September.
Europe/Russia
The Danish almost talk about a record in yield with an average value of 6 t/ ha and good qualities. There have been no problems with diseases, protein or screening. Sometimes there has even been the talk of protein values that were too low.
Europe/Russia
drinktec confirmed its reputation as the world “summit” for the beverage and liquid food industry – in this exhibitors and visitors alike were agreed. Volker Kronseder, Chairman of Krones AG and President of the Advisory Board of drinktec 2009, described how he saw the mood in the halls: “People are no longer paralysed with shock, life is coming back into the sector.”
Europe/Russia
Scientists are predicting that life expectancy among Russian men will continue to fall over the next four decades, possibly to below 50 years from birth. If these projections are correct, they mean that any demographic gains for the country from declines in infant mortality and from any increase in the birth rate will be more than wiped out, with all the economic, political and military consequences that entails.
Europe/Russia
The Heineken Brewery in St Petersburg, the former Bravo Brewery which was originally set up by Icelandic investors and bought by Heineken in 2002, is the largest and most modern brewery Heineken owns in Russia. It has a capacity of over 5 million hl, the brewer says. So it would make sense to concentrate beer production in St Petersburg there.
Europe/Russia
The proposals from the Scottish government set out to use public money to protect 900 workers, whose jobs are under threat from Diageo’s planned restructuring.
Europe/Russia
If Blackstone and Lion Capital manage to clinch a deal with Japan’s Suntory, they will be crying all the way to the bank. Who would have thought that they would be so lucky to find a buyer willing to take a company off their hands in the middle of an economic crisis? Blackstone and Lion Capital paid USD 2.6 billion for Cadbury-Schweppes’ European beverages division (“Orangina”), which in 2005 was the number three player in the European soft drink market with 2500 employees, a sales volumes of 1.8 billion litres and a turnover of almost EUR 960 million.
Europe/Russia
We have seen a malting plant in a container in South Africa. We have heard of a hotel built of dozens of these containers stacked high. So why not have a bottling plant in one of them? On the back of a lorry these containers can be taken almost anywhere. That’s what their manufacturer, Plast Engineering Knauff, must have thought.
Europe/Russia
Punch Taverns, which has over 8,300 managed, tenanted and leased pubs, is planning a GBP 45 million overhaul of Spirit, its managed pubs arm, home to restaurant brands including Chef & Brewer, in its quest to raise funds and reduce its GBP 3.5 billion debt pile.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
