The Czech Republic: Budvar’s output rises last year to second-highest level in its history
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 second highest level in the brewer's 123-year history.
Budejovicky Budvar NP, a Czech state-owned brewery, said on January 31 that its output rose 3.6 percent in 2018 to 1.602 million hectolitres (42.32 million gallons).
The output growth followed a 4-percent decline in 2017 that was caused by shifting production to a premium brand.
Budvar says its revenues hit a record high last year, reaching 2.6 billion crowns ($114 million), up 7.3 percent from 2018. Other financial results, including profit and export figures, have not been released.
Tilbage
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