In the latest news round-up, Campari remains in good spirits
despite a decline in soft drinks sales, Czech beer is on the rise
and brewer Heineken is still lost in translation over its Rugby
World Cup sponsorship.
Heineken today reported organic revenue growth of 6.3 per cent
during the first half of 2006 compared to the previous year, held
up by strong US demand for the company's light beer and sales
increases in central and eastern Europe.
Two of the world's biggest brewers have announced plans to expand
in Russia, yet competition will intensify as an outdoor drinking
ban and slow economic progress threaten the market's blistering
growth, writes Chris Mercer.
Three of Europe's biggest beer makers have reported mixed results
this week, with Scottish & Newcastle, Carlsberg and Heineken
all underlining the need to cut costs and increase advertising
expenditure, especially for premium...
A deal with Britain's Diageo group to begin licensed production of
the Guinness stout brand in Russia was the highest profile
announcement by Dutch brewer Heineken last week, but with moves to
consolidate its position in China...
Two of Europe's top brewers have continued their investments in the
international brewing sector. But while Heineken continues to
invest in some of the world's less established beer markets, InBev
has strengthened its position...
Dutch Brewer Heineken is expecting beer sales in China to far
exceed its own forecast market growth expectations in the next few
years. Indeed, sales of its flagship brand are expected to increase
by 25 per cent next year.
Dutch brewing giant Heineken has increased its stake in Russia's
rapidly growing beer market for the second time in three months,
underlining the competition among big brewers to exploit the
potential of this newly crowned nation...