CZECH: Budejovicky Budvar sees exports hit record high
Budvar has reached its highest ever level of exports
Budejovicky Budvar has posted its highest export results in its 117-year history.
Exports of its beers in 2012 rose by 1.1% year-on-year to 657,000 hectolitres, with 58 international markets being supplied, the state-owned brewer confirmed to just-drinks today (9 January). Its overall output in 2012 was 1.34m hectolitres.
Exports accounts for around half of Budvar’s total production making it the Czech Republic's leading beer exporter, the company said.
The brewer's largest international markets are Germany, the UK, Slovakia and Russia.
A full financial statement from the company is expected by June.
In November, Budvar announced that is has started shipping a dark version of its Czechvar brand to the US. Czechvar is the name the brewer uses for its namesake brand in the US to circumvent its long-standing trademark row with A-B InBev in the country.
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