CHINA: Guangdong wants to make top five
Guangdong Brewery has issued a statement of intent for the next five years. The company, which last week attracted a US$71m investment from Heineken, said today that it intends to break into China's top five of brewers by volume by 2009.
The chairman of Guangdong's parent company GBH, Wu Jiesi, told reporters that the brewer will look to expand its base in the southern province of Guangdong to other parts of China. Jiesi told Reuters: "We are not after size, we are after profitability."
Dutch brewer Heineken is rumored to have released a self-chilling beer can....
ING has raised its target for Heineken's share price after analysing the brewer's options to save costs....
Heineken's CEO-in-waiting has no plan to radically alter the brewer's strategy, he said in an interview today....
Heineken has restructured its top management, in a move that includes the retirement of current CEO and chairman Thony Ruys from October this year....
Heineken said yesterday that its Austrian subsidiary Brau Union AG has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-business related real estate ...
Heineken has acquired a 40% stake in a Chinese brewery....
Heineken Espana is looking to invest heavily in a new plant in southern Spain....
Grupo Empresarial Bavaria is not looking to sell up, its president has confirmed....
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