CZECH REP: Interbrew's Czech business cuts losses
By just-drinks.com editorial team | 1 March 2002
Belgian Interbrew's Czech unit Prazske Pivovary has narrowed its net losses to CZK179.4m (US$4.9m) in 2001 from CZK789.3m a year before. Prazske Pivovary, the second-largest Czech brewer, said the loss pushed its equity further into the red, to CZK1.3 billion from CZK1.1 billion at the end of 2000.
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Belgian Interbrew's Czech unit Prazske Pivovary has narrowed its net losses to CZK179.4m (US$4.9m) in 2001 from CZK789.3m a year before. Prazske Pivovary, the second-largest Czech brewer, said the loss pushed its equity further into the red, to CZK1.3 billion from CZK1.1 billion at the end of 2000.
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