Romania: Brau Union resumes growth
Edwin Botterman, chairman of Brau Union, the leader of the domestic beer market, says the company will brew more than 4.1 million hectolitres of beer this year, 17% more in terms of volume than last year, hence resuming the upward trend witnessed until 2004, Ziarul Financiar published on December 15.
Last year, Brau Union reported 1.4% lower sales after it restructured its brand portfolio. Still, the company's turnover went up by 20% to 158.6 million euros. "By 2009, we are will reach annual production of 5 million hectolitres," stated Botterman.
Part of the investment programme of around 85 million euros, Brau Union announced for the next three years, is also related to the expansion of production capacities.
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