Chile: CCU reports second-quarter net income after loss in Q2 last year
Compania Cervecerias Unidas (CCU) on August 7 reported second-quarter net income of $5.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Santiago, ... More
08/08/2024

Ethiopia: Soufflet Malt gets recognition for efforts to substitute imported malt with domestic produce
Industrial Parks Development Corporation CEO Fisseha Yitagesu pledged to provide all the necessary support to expand the investment of Soufflet Malt Manufacturing Company located in Bole Lemi Industrial Park in ... More
08/08/2024

USA, KY: Pivot Brewing to close its Kentucky locations by the end of August
Weeks after announcing it's up for sale, Pivot Brewing will close its Kentucky locations at the end of August, Yahoo reported on August 8. The craft brewery and cidery will cease ... More
08/08/2024

USA, FL: J. Wakefield Brewing to close down after nearly a decade in Wynwood
Just months after the closure of Union Beer Store in Little Havana and just two weeks after news broke that Unbranded Brewery in Hialeah would close, a Wynwood watering hole ... More
08/08/2024

Taiwan: Taiwan’s top brewers form Taiwan Brewers Association
Taiwan’s top six brewers announced the formation of the Taiwan Brewers Association (TBA) at a press conference on Monday, August 5. The association will promote the local brewing industry by lobbying ... More
07/08/2024

Vietnam: Heineken Vietnam appoints new managing director
Heineken Vietnam, one of the largest players in the country's beer market, on August 5 announced the appointment of Wietse Mutters as managing director, succeeding Alexander Koch, who will take ... More
07/08/2024

Asia: Beverage maker F&N posts 37.3% increase in nine-months net profit
Beverage maker F&N posted a net profit of S$123 million for the nine months ended Jun 30, 2024, a 37.3 per cent increase from S$89.6 million in the same period ... More
07/08/2024

Turkey & Russia: Government blocks sale of AB InBev stake in Russian JV to partner Anadolu Efes
A Russian government commission led by Finance Minister Anton Siluanov blocked the sale of Anheuser-Busch InBev NV’s stake in a Russian joint venture to its Turkish partner Anadolu Efes AS, ... More
07/08/2024

Japan: Kirin’s first-half profit up 78.9%
Japan’s leading beer maker Kirin Holdings Co. Ltd. reported that its first half profit to owners of the company was 57.2 billion yen, up 78.9% from last year, RTTNews reported ... More
07/08/2024

Germany: President of the Bavarian Brewers' Association advocates for higher beer prices
The President of the Bavarian Brewers' Association advocates for higher beer prices. In Germany, beer is the cheapest in Europe, Georg Schneider told the "Augsburger Allgemeinen" on August 6. To ... More
07/08/2024