The German brewer Warsteiner is to make significant job cuts as pressure from a sales decrease in 2002 impacts on the company.
A total of 152 jobs out of 951 will be made, however the company said it would not have to resort to forced redundancies.
Warsteiner’s sales fell 8.9% in 2002 to 3.91m. The brewer has stopped the supply of beer to German supermarket chain Lidl, which will result in an annual 200,000 hectoliter sales decrease.
Warsteiner is also the only company to announce it will rise the beer price in February 2003.

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By GlobalData