The state-owned brewer Budvar may be caught up in a new wave of privatisation in the Czech Republic.

The Czech Finance Minister is apparently pushing for further privatization to raise badly needed funds for the state budget, the Mlada Fronta Dnes newspaper reported on Tuesday.

Among the plans being studied is a proposal to sell Budvar, the report said.

The Czech brewer and its US rival Anheuser-Busch are currently waging a long legal battle over the rights for the Budweiser and Bud trade names in different countries.