Heineken has declined to comment on speculation that it is looking to buy the Serbian brewery Pivara MB.

Local reports this week cited an unnamed spokesperson for Pivara as saying that MB was only "a step away" from being bought by Heineken.

When contacted by just-drinks today (6 November), however, Heineken would not be drawn on the claims. "We never comment on market speculation," a spokesperson for the Dutch brewer said.

The spokesperson confirmed that Heineken does not currently own any breweries in Serbia.

The north Serbia-based brewery has an annual capacity of 5m hectolitres of beer - equal to the total beer consumption in Serbia, which boasts a population of around 7.5m.

Last year, Slovenia's largest brewer Pivovarna Lasko was reportedly also showing an interest in a tie-up with the Serbian beer maker, although nothing has yet come of the speculation.