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Germany: Development of hops in the fields currently delayed by frost periods until this month
Most of the winter 2016/2017 was very dry and warmer than long-term average in Germany, HVG reported on May 10. Only in January 2017 there were some severe ground frosts. ...
Published 08/05/2017
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UK: Diageo ordered to pay £107 mln in extra tax as part of profit moving investigation
Diageo has been ordered to pay £107 mln by the UK tax authority as part of a long-running investigation into moving profit between its global businesses, BBC News reported on ...
Published 08/05/2017
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France: Projected barley ending stocks to total 993 thousand tonnes this season
FranceAgriMer has trimmed slightly the countrys projected barley ending stocks at the close of the 2016/17 season to 993,000 tonnes, mostly due to an increase in expected barley shipments within ...
Published 08/05/2017
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Philippines: San Miguel Brewery's net profit rises 12% in Q1
San Miguel, the Philippines' largest company by sales, said on May 10 its net income grew by only 2% in the first quarter, dampened by the strong dollar.
Excluding foreign exchange ...
Published 08/05/2017
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Ethiopia: Habesha Brewery makes net profit of 32 mln birr last year
Habesha Brewery S.C., one of the beer brewing companies in Ethiopia, disclosed it made a net profit of 32 million birr last year. This is unique for a brewery operating ...
Published 08/05/2017
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Kenya: Brewers of beer made from sorghum, cassava, and millet to benefit from excise duty reductions
Kenyas manufacturers of beer made from sorghum, cassava, millet and any other agricultural product will soon benefit from excise duty reductions, KDR TV reported on May 10.
This was made possible ...
Published 08/05/2017
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Mexico: Grupo Modelo opens its eighth brewery in Mexico
AB InBevs Grupo Modelo officially opened its eighth plant in Mexico on May 9, where it will produce 7 million hectolitres of beer annually, the Mexico News Daily reported.
The brewery, ...
Published 08/05/2017
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World: Diageo stands by medium-term sales and profit targets
Diageo, the world's largest spirits company, stood by its medium-term sales and profit targets on May 8, saying the year has progressed well, Reuters reported.
The maker of Smirnoff vodka and ...
Published 08/05/2017
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Brazil: Brazils antitrust authorities approve Heinekens purchase of Brasil Kirin
Brazils Administrative Council of Economic Defense (CADE) has approved the purchase of Brasil Kirin by Heineken, ESM reported on May 8.
The Brazilian antitrust authority ruled that the operation, announced in ...
Published 08/05/2017
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Vietnam: Carlsbergs negotiations over additional Habeco stake hot, complicated, and cumbersome - CEO
Carlsberg CEO Mr. Ceest Hart said during the brewers first quarter 2017 trading statements conference call on May 4 that negotiations with the Ministry of Industry and Trade over an ...
Published 08/05/2017
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