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Europe/Russia
Call it belated poetic justice or just plain market economy. After several failed harvests and a decrease in barley acreage, Germany’s brewers find themselves in a spot of bother when faced with maltsters’ bills. That is, provided maltsters have any malt to sell at all.
Europe/Russia
Blonde, red, sparking, hot, natural… the 10th annual Pianeta Birra Beverage & Co. International Exhibition of Beer, Beverages, Snacks, Furnishing and Fittings for Pubs & Pizza Parlours will be held in Rimini from 23 to 26 February 2008.
Europe/Russia
Whose beer will be served at the famous Olympic stadium - that is the question. Will it be Warsteiner, which is the beer sponsor of the Olympic Stadium, or Carlsberg, which is the beer sponsor of the local football team Herta BSC.
Europe/Russia
Prior to its 2007 interim results, to be released on 29 August, Heineken N.V. announced that it has raised its forecast for organic net profit growth for the full-year ending 31 December 2007.
Europe/Russia
In July, InBev announced that it has entered into an agreement with Cofinimmo under which it will sell 90 percent of Immobrew, a subsidiary which directly owns 824 pubs and some residential real estate locations in Belgium and indirectly 245 in the Netherlands, for EUR 419 million, on a debt and cash free basis.
Europe/Russia
Pernod Ricard realised sales of EUR 6,443 million, excluding tax and duties, for the 2006/2007 financial year ended 30 June 2007, which is a year-on-year increase of 6.2 percent.
Europe/Russia
In July, U.S. food giant Kraft, which had recently been spun off by cigarette maker Philip Morris (now Altria Group), offered to buy Danone’s biscuit unit for USD 7.2 billion (EUR 5.3 billion) in cash.
Europe/Russia
For hop growers, the price hike in hops last year will only tickle down into their tills once they have brought in the new harvest. But that’s when they will feel in earnest that a paradigm change in the agricultural commodities market has occurred.
Europe/Russia
Cadbury Schweppes, by its own account the world’s largest confectioner, has a new strategy that focuses on what the company calls its “under-exploited” potential. To this end, Cadbury is simplifying its structure and managing operations more centrally by focusing on the confectionery business and selling what remains of its erstwhile beverages unit. The new company will be called Cadbury plc.
Europe/Russia
After several top executives decided to leave their desks permanently, the press finally took notice that all is not well at InBev Germany.
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