SWEDEN: BBH breweries to gain independence
The owners of Baltic Beverages Holding are set to give its breweries in Eastern Europe greater control over their operations.
Carlsberg and Scottish & Newcastle, co-owners of BBH, have decided to give the venture's breweries more independence from the holding company. BBH, formed in 1991, owns 18 breweries in six countries, including Russia and the Ukraine.
A spokesman for Carlsberg told just-drinks that the decision was "a natural development" for the business.
"Today, the breweries are grown-up breweries. They have gathered so much market knowledge about producing beer, sales and marketing and so on," the spokesman said today (4 August).
"All in all, it's further empowerment - the breweries will get more power to decide what to do. BBH will have a strategic role, not operational."
BBH has spent the last year consolidating its assets in Russia through the merger of its Baltika brewery with three others, Pikra, Vena and Yarpivo. The spokesman said that BBH would retain its stake in Baltika and its breweries across Ukraine, the Baltic states and Kazakhstan.
Earlier this week, BBH president Christian Ramm-Schmidt retired after nine years in the job. The brewer also posted a 27% leap in EBITDA to EUR273m (US$350m) in the six months to the end of June. Net sales rose in the period by 18% to EUR961m.
BBH insisted it had made "very good progress" during the first half of the year despite losing market share in Russia and the Ukraine.
Carlsberg UK has calmed speculation that it is to launch a bottled version of its Tuborg brand in the UK off-trade....
Scottish & Newcastle is seeking damages from PriceWaterhouseCoopers over restructuring advice the accountancy giant gave to the UK brewer....
Workers at Scottish & Newcastle's brewery in Tadcaster, North Yorkshire, are likely to know by the end of next month the impact on jobs of the UK brewer's sale of its Courage ales portfolio....
Anheuser-Busch has called time on its sponsorship of the UK's Glastonbury music festival. The brewer, which had been a sponsor of the three-day event since 2002, has not renewed its deal, which ended ...
Anheuser-Busch has stayed silent on reports in India that it has decided on a local venture partner in the fast-growing beer market....
Carlsberg has finalised deals to distribute Czech beer Budvar in Finland and Croatia....
Belgian brewer Alken-Maes has begun talks with employees over its plans to close its brewery in the town of Jumet....
Belgian beer maker Alken-Maes is to close one of its breweries, according to local reports....
- Interview - Bacardi global marketing boss, whisky
- Comment - Hybrid Spirits: Innovation or Laziness?
- Has Coca-Cola Jumped From Frying Pan to Fire?
- Constellation grapples with glass as reality bites
- Brewers Feel Prolonged Russian Winter
- Diageo doubles intake for spirits start-ups scheme
- Second senior exec to depart Bacardi
- Portman finds against Diageo "mix it up" tagline
- Diageo appoints head for Asia marketing unit
- Bacardi sees North America president step down