Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_English


CASTLE MALTING NEWS in partnership with www.e-malt.com
20 November, 2017



Brewing news Romania: United Romanian Breweries Bereprod posts record production figure for January-October

United Romanian Breweries Bereprod (URBB) has posted a record production figure exceeding 2 million hectolitres for the period January-October 2017, representing a 10 percent increase year-on-year, the Business Review reported on November 20.

During the reporting period, the consolidated turnover of the URBB group increased by 12 percent year-on-year to RON 650 million (gross).

The figure recorded by URBB comes against the background the overall growth of the national beer market, estimated at 2-3 percent, according to the Romanian Brewers Association.

“Our achievement this year will serve as a point of reference for the future, given that in 2017, we made considerable investments that resulted in an excellent market response, reflected positively in the company’s financial performance. This strong growth, over three times bigger than the market pace, was stimulated by several factors, the most important of which being the improvement of our products, exports and, most of all, investments made this year,” Shachar Shaine, URBB president said.

One of the pillars of investment for URBB is represented by the increase of its annual production capacity from 2.1 million hectolitres in 2016 to 2.4 million currently. The company’s investment budget for 2017 stood at over EUR 10 million. The company invested EUR 2 million, representing approximately 20 percent of the total budget in implementing a new technology that protects the top of the beer cans with aluminium foil.





Back



E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .














We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.     Ok     No      Privacy Policy   





(libra 0.7422 sec.)