Latest beverage news & analysis in Eastern Europe
It was more of the same for Carlsberg in its YTD results release yesterday as weakness in Eastern Europe continued to damage the bottom line...
Carlsberg's CEO has said that Russia may reverse some of the regulations that has seen the country's beer market shrink and brewers close pr...
Five years ago, Heineken announced it was cutting 140 jobs in Russia, with the suspension of brewing at one of its sites. The news came just...
Yesterday's headlines around Carlsberg were dominated by the group's half-year performance in Eastern Europe. And rightly so. The Danish bre...
Earlier this year, just-drinks' managing editor, Olly Wehring, travelled to Russia with Carlsberg to learn about the brewer's plans for its Baltika division in the country. The unit, which produces the namesake range of beers, is the clear market-leader, but has had to struggle of late as the legislative environment has grown more hostile to alcoholic drinks. Having assumed the leadership of Baltika late last year, Isaac Sheps talked to just-drinks about what he found when he made the move, what he's battling against today, and what he wants in the future.
It's almost two years since Anheuser-Busch InBev offloaded most of its assets in Central and Eastern Europe to CVC Capital for an initial US$2.2bn. Since the sale, CVC's beer business in the region, StarBev, has largely operated under the radar. High time, then, that we caught up with StarBev's CEO (and ex-InBev man), Alain Beyens. just-drinks deputy editor Chris Mercer flew to Prague to meet him.
Finland's Altia Corp is to launch its Koskenkorva vodka brand in Russia ahead of the holiday season.
Carlsberg has welcomed the on-going passage of a bill to freeze beer duty in Russia, branding it a “positive development”.
Anadolu Efes has a seen a double-digit rise in nine-month sales but continues to feel the impact of struggles in Russia and Ukraine.
Stock Spirits Group has warned that profits could miss full-year targets by as much as EUR10m (US$12.5m) as stiff competition in Poland hampers second-half performance.
Lithuania has become the first European country to ban energy drink sales to consumers under the age of 18, according to reports.
Heineken's CFO has said it “makes sense” for Coca-Cola HBC to sell its share of a stake in Bulgarian brewer Zagorka so it can focus on soft drinks.
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