THAILAND: Carlsberg eyes Thai return
Carlsberg A/S is investigating a possible re-entry into the Thai market, according to local reports.
In August, the brewer settled a long-term disagreement with its former Thai partner Chang Beverages. Carlsberg pulled out of the JV in August 2003, claiming that Chang was not delivering under the joint venture agreement. Chang countered by claiming between US$1.75bn and US$2bn in damages.
The Danish brewer paid the Thai company US$120m to divide up its jointly-held assets with Chang.
However, Danish newspaper Borsen has reported that the parties have agreed to investigate further possibilities for a potential co-operation in Thailand, Malaysia and other countries.
Carlsberg is keen to up its presence in the east of China, but has stopped short of naming targets....
Amnesty International has called on Carlsberg to help defend human rights in Tibet....
Carlsberg is poised to invest heavily in Asia, Russia and Western Europe going forward, according to local reports....
Baltika Breweries has insisted it has yet to make a decision on whether to set up a greenfield brewery in the Siberian city of Novosibirsk....
Russian brewer Baltika has reported a 35% leap in net profit for the nine months to the end of September....
Carlsberg is not looking at any major acquisitions going forward, according to reports....
Carlsberg has posted a rise in net revenue for the first nine months of 2006, and has upped its full-year outlook....
Baltic Beverages Holding has posted yet another rise in quarterly sales and profits....
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