CZECH: Budvar sale on the cards? - report

By | 22 February 2007

The Czech government may reportedly look to sell state-run brewer Budejovicky Budvar.
 
A Czech government minister told The Associated Press today (22 February) that the country's government would look to privatise Budvar.

Agriculture Minister Petr Gandalovic, whose ministry oversees the brewer, told AP that a sale would depend on its trademark dispute with Anheuser-Busch.

"Everything is, of course, connected with the solving of the trademark dispute," Gandalovic told AP. "Nevertheless, we will work together with the trade and finance ministries to prepare (Budvar's) privatization."

He added: "It is not on the agenda now, but the Cabinet will definitely discuss it."

Sectors: Beer & cider

Companies: Budvar, Anheuser-Busch

View next/previous articles

Currently reading -

CZECH: Budvar sale on the cards? - report

There are currently no comments on this article

Be the first to comment on this article

Related articles

INDIA: Anheuser-Busch denies Indian investment

Anheuser-Busch has quashed rumours that it has plans to build a second brewery in India.

CHINA: Tsingtao looks to expand capacity - report

China's leading beer producer Tsingtao Brewery is planning to increase its production capacity by 1m tons by the end of 2007, according to local reports.

CZECH: Beer production hits new high in H1 – figures

Beer production in the Czech Republic hit a record high in the first half of this year, according to recent figures.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page