News

KOSOVO: Bids accepted for brewery and winery

Most popular

What rum needs to do to recognise its potential

Can alcohol slow the onset of dementia? - analysis

A-B InBev's Craft Brew Alliance purchase - Comment

Why single malt should ignore its core consumer

How much should you drink to help you live longer?

MORE

The Serbian province of Kosovo, run by the UN, picked provisional buyers for its largest brewery and winery, the Kosovo privatisation authority said yesterday (23 February).

The brewery, located in the western town of Peja, reported sales of EUR11m (US$13.1m) in 2004, Kosovo Trust Agency (KTA) said in a statement. Peja's production capacity is 325,000 hectolitres.

The KTA has insisted on investment of EUR15m in the brewery in the next five years and job guarantees for 612 employees.

The Rahovec winery has production, storage and bottling facilities for red and white wine and some 900 hectares of vineyards.

The KTA would only disclose the level of the successful bids. An offer of EUR11.2m was accepted for the brewery, while EUR5.5m was enough for the winery.

The KTA did not comment on the number of bids it received in the tenders nor would it name the successful bidders.


Sectors: Beer & cider, Wine

Related Content

Ontario clears path for retailer sales

Ontario clears path for retailer sales...

Focus - Inbev's move for Anheuser-Busch

Focus - Inbev's move for Anheuser-Busch...

Analysis - Ketel One deal gives Absolut bidders food for thought

Analysis - Ketel One deal gives Absolut bidders food for thought...

Analysis: Constellation's high hopes for South Africa

Analysis: Constellation's high hopes for South Africa...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?