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Europe/Russia
News travels very slowly these days. Since 2010, Cerveja Leuven has boasted of brewing several beers in Belgian style. But only now the city of Leuven has found out. Guess what, Leuven’s councillors are not amused with those beers as they are brewed in Piracicaba, a city 150 km northwest of Sao Paulo, and have no connection with Leuven whatsoever.
Europe/Russia
Britain’s biggest supermarket chain Tesco has pulled more than half of Heineken’s beer and cider range from its shelves after the brewer tried to increase prices following the UK’s vote to leave the EU, media reported on 22 March 2017.
Europe/Russia
It was a day of reckoning for alcohol and soft drinks producers. On 8 March 2017 the UK government said in its Spring Budget that the traditional “sin taxes” on booze and cigarettes would not rise, but a new one is being introduced in the form of the sugar tax.
Europe/Russia
Good tidings that Heineken’s newly launched craft beers will live up to expectations. The world’s number two brewer in March 2017 introduced a Bavarian-style Pilsner and American-style IPA to the market under its Maltsmiths Brewery label.
Europe/Russia
These days about 7,000 people with a personal wealth of over CHF 30 million (USD 30 million) each call Switzerland home, media reported on 7 March 2017. That’s an increase of more than five percent over 2015.
Europe/Russia
AB-InBev has had a poor fourth quarter 2016. The world’s number one brewer missed analysts’ forecasts for sales, underlying profits and organic volume. In the fourth quarter, volumes dropped 3.3 percent, revenue was flat, while EBITDA declined 3.6 percent compared with the fourth quarter 2015. This was reported on 2 March 2017.
Europe/Russia
Perhaps Munich’s craft beer lovers felt the seven-year itch one year earlier than usual. Or why did visitors of Braukunst live 2017, the annual craft beer festival that was held in Munich for the sixth time from 10 to 12 February, get the impresson that there was less of a throng than in previous years? Still, there were about 100 exhibitors and reportedly 9,000 visitors (the same number as in 2016).
Europe/Russia
Were investors Lemann and Buffett only testing the water? On 17 February 2017, their giant company Kraft Heinz made a surprise USD 143 billion bid for rival Unilever, only to revoke it a few days later.
Europe/Russia
Sales of beer declined slightly in 2016, prompting renewed calls from the industry for a one penny cut in beer duty in the Budget on 8 March 2017. The drop still means that 78 million fewer pints of beer were sold in 2016 compared with the previous year, according to figures released by the British Beer & Pub Association (BBPA), an industry body.
Europe/Russia
Heineken’s acquisition of almost 2,000 pubs from British chain Punch Taverns is to be investigated by the UK’s competition watchdog, it was reported on 16 February 2017.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
