A soaring premium beer market in Russia and growing consumption in
Poland and Romania are driving forward a major international
brewer's European profits by offsetting problems in Hungary and
Slovakia, writes Chris Mercer.
Troy-Ultra, the St. Petersburg-based juice maker, is to invest €3
million in upgrading and expanding production capacity in order to
meet growing demand for its products, writes Angela
Drujinina. The company has been forced to licence...
InBev is acquiring the remaining 45 per cent interest in Hunan
Debier Brewery, located in Hunan province, China, for $18.2
million. The move is part of InBev's ongoing integration process of
the Lion Group Breweries, which it...
A slump in international sales means that Coca-Cola is set to
switch its focus to the China market in an effort to sustain
growth. The company said that with current economic growth
continuing apace, China should be its third biggest...
Ukraine's largest malt house is to receive more than €9 million in
outside funding to double its production capacity - helping French
company Soufflet to dominate the region and make the factory a
stable source of income for...
Month-on-month growth for Tate & Lyle's zero calorie sweetener
combined with a faster than expected decline in European cereal
prices helped the UK firm post a high single-digit rise in profit
for the first half of the year,...
The Danish Brewery Group, Denmark's second largest beer maker, has
strengthened its position in the Baltic markets through the
acquisition of a controlling stake in Lacplesa Alus, Latvia's
number three brewer.
Belvédère, the French group which is Poland's biggest vodka maker,
is predicting better-than-expected sales for 2004 after a strong
first half performance bucked the downward trend in the
recession-hit Polish market. But with...
Glenmorangie, one of Scotland's best-known single malt Scotch
whisky producers, has ended its two-month search for a buyer. The
new owner of the company will be Moet Hennessy Louis Vuitton
(LVMH), the French luxury goods group,...