-
Home
-
International Report
- Europe/Russia
Europe/Russia
Ukraine | Russia’s invasion has wrought havoc on Ukraine, a country of 44 million people. By late April 2022, some estimated 5 million people had fled the country, while more than 7 million people had been displaced internally. Since Russia ended its siege on Kyiv at the end of March and shifted its troops to the east, more than a million Ukrainians are said to have returned to resume their lives, their businesses – and, not least, protect their properties from looting.
Europe/Russia
Germany | Over the past few years, Russia has risen to become the second-largest export market for German beer, behind Italy, and was considered one of the most promising growth markets. According to the German Brewers’ Association, around 2 million hl beer were exported to Russia in 2021. That was almost 13 percent of German beer exports.
Europe/Russia
Denmark | Carlsberg warned it will book a USD 1.4 billion writedown from the sale of its Russian business, as part of the exodus of western companies in the wake of Russia’s invasion of Ukraine. The writedown does not take into account any external offers for the business, Carlsberg said on 22 April 2022.
Europe/Russia
Belgium | AB-InBev plans to exit Russia by selling its interest in the joint venture with Turkish brewer Anadolu Efes that operates in Russia and Ukraine and will report a USD 1.1 billion non-cash impairment charge for the first quarter as a result.
Europe/Russia
Netherlands | Heineken, the world’s number two brewer, delivered first-quarter beer sales ahead of expectations as people returned to pubs, bars and restaurants across Europe. Beer volumes rose 5.2 percent on an organic basis over the same period last year.
Europe/Russia
Russia | That was quick: Only days after Carlsberg said it was leaving Russia for good and sell its Russian unit Baltika (28 March 2022), in response to Russia’s invasion of Ukraine, the Danish brewer allegedly received two offers.
Europe/Russia
Russia | Although Russia’s hops imports have not yet been affected by Western sanctions, Moscow is becoming increasingly isolated from international trade. This must be the reason why Russian brewers fear they could be cut off from hops supplies.
Europe/Russia
United Kingdom | The UK pub group JD Wetherspoon reported that trading at its 859 pubs has almost returned to pre-covid levels. Tim Martin, the group’s Chairman, said on 18 March 2022: “Following a traumatic two years for many businesses and people, the ending of covid restrictions has brought a return to more normal trading patterns in recent weeks.”
Europe/Russia
Switzerland | Democracy rules. Because of its statutes, the Swiss supermarket chain Migros, which is the country’s largest and its major employer (100000 people), has asked its members to take a vote by 4 June 2022 whether Migros’ 600 supermarkets as well as its restaurants should be selling alcohol or not.
Europe/Russia
Norway | Who knew that fears of intra-Nordic domination run so strong? One of Norway’s largest breweries, Aass Bryggeri, resigned from the country’s Brewery and Beverage Association on 22 March 2022, implying that Danish domination of the association will run counter to Norwegian brewers’ interests.
Most Read
BRAUWELT on tour
Most Read
BRAUWELT on tour
