Venezuela: Venezuelan brewing force, Empresas Polar, has posted that its first nine-month sales increased 10% up to US$2.3 billion during January 1-September 30 this year compared to the same period 2003. The brewery attributed the growth to its operations in Venezuela, Colombia and in the Caribbean.

Company’s sales might grow 5% in 2005 as the economic situation in Venezuela continues to improve after the economic crisis of 2003, Rafael Sucre, The Empresas financial director said.

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 .