The Czech Republic: Budejovicky Budvars output reaches highest level in its 124 years
Beer production at Budvar, which has been in a long legal dispute with U.S. giant Anheuser-Busch over use of the "Budweiser" brand, increased last year to the highest level in the brewer's 124-year history, the Minneapolis Star Tribune reported on June 24.
Budejovicky Budvar NP, a Czech state-owned brewery, said on June 24 that its output rose 4.8% to 1.679 million hectolitres (44.36 million gallons) in 2019, before the pandemic hit global trade and business.
The brewer's exports were up 7.4% to 1.154 million hectolitres (30.49 million gallons) last year, also a record, to almost 80 countries. Germany, Poland, Slovakia, Russia and Britain were the biggest foreign markets for Budvar last year.
Budvar says its revenues hit a record high last year, reaching more than 2.8 billion crowns ($119 million). The profit figures have not been released.
The brewer has been expanding to be able to produce over 2 billion hectolitres of beer a year.
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 .