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Europe/Russia
Belgium | No-alcohol and low-alcohol (“NOLA”) beers are considered a boom category and not just during “Dry January”, when people are urged to abstain from alcohol after the assumed excesses of the previous month. But they are still small fry.
Europe/Russia
Belgium | Whatever interpretation is offered for AB-InBev’s recent refinancing round, the whole agitation boils down to this: Can AB-InBev run its shop as it pleases or will it have to do as told by the Money Men?
Europe/Russia
Belgium | In the battle of wills between the Money Men and AB-InBev, it appears that the world’s number one brewer is further caving in to pressure. To alleviate concerns over its mountainous debt pile, AB-InBev in early January announced that it was refinancing some of its debt while it muses floating its Asia-Pacific business on the stock market.
Europe/Russia
Denmark | Danish brewer Carlsberg’s revenues rose last year for the first time in three years, helped by the long, hot summer in northern Europe and Russia. Net revenues were DKK 62.5 billion (USD 9.4 billion), up 3.1 percent over 2017, but still short of the DKK 64.5 billion in 2014.
Europe/Russia
Netherlands | Heineken saw sales of its flagship brand rise 7.7 percent to 38.7 million hl last year, the highest increase in a decade, the company said on 13 February 2019.
Europe/Russia
Belgium | Is Rodenbach getting a new lease on life, thanks to a collaboration with US craft brewer Dogfish Head? It is to be hoped. Rodenbach is one of the original sours, and many have thought it mightily unfair that it has been unable to benefit from a renewed consumer interest in this beer style.
Europe/Russia
Turkey | Ever wondered why Diageo in recent years has downplayed its costly 2011 acquisition of Turkey’s raki producer Mey Icki, with its famous Yeni Raki brand? Only two years later, following the introduction of stiff advertising and sales restrictions, Diageo’s return-on-investment projections on the Mey Icki deal were in tatters. Given the political and economic climate, it is also unlikely that Diageo will ever be able to use its Turkish purchase as a platform to push its other spirits into the market.
Europe/Russia
Turkey | Turkey’s tipplers are a hardened lot. Despite half-yearly tax hikes, beer consumption was up in the low-to-mid-single digits in 2018, according to estimates by Turkish brewer Anadolu Efes.
Europe/Russia
Russia | The Russian brewer Baltika, which is owned by Carlsberg, estimates that after eleven years of steady declines, the beer market grew 3 percent in 2018. In the previous year, beer consumption dropped between 4 percent and 5 percent.
Europe/Russia
Austria | The IBD is honoured to have Prof Bamforth deliver the Horace Brown Award Lecture in Vienna. The date is 16 April 2019. The lecture will take place at the Ottakringer Brewery, to be followed by a brewery tour and some serious socialising.
Most Read
BRAUWELT on tour
Most Read
BRAUWELT on tour
