Tag Archive | "Romania"

Gary Whitlie Appointed President of Ursus Breweries

Gary Whitlie Appointed President of Ursus Breweries

Gary Whitlie has been appointed as the new president of Romanian Ursus Breweries. The 53 year old, who has worked for the SABMiller Group for the past 26 years, will take over the role in June. Mr Whitlie has held a variety of senior financial positions and has managed three business entities. [...more]

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Pepsi Plans To Invest $150m in Romania

Pepsi Plans To Invest $150m in Romania

PepsiAmericas, the soft drink bottler, has announced that it will invest roughly $150m by 2011, in a plant it opened in southern Romania. PepsiAmericas' investment is among the largest this year in recession-hit Romania, where foreign direct investment is expected to fall by more than half to around EUR4 billion ($5.74 billion) from last year's EUR9 billion, reported Reuters. Consumption levels have been on the decline in Romania, since the global financial crisis dried up credit lines, boosted unemployment and soured consumer mood. But Pepsi is optimistic about the recovery of the market in Romania. [...more]

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AB-InBev to divest from it’s Central European Operations

AB-InBev to divest from it’s Central European Operations

Anheuser-Busch InBev, the world's largest brewer, is contemplating divesting its Central European operations, including Hungarian brewery Borsodi, Belgian daily Le Soir reported over the weekend. [...more]

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Heineken sells its Romanian Water Business

Heineken sells its Romanian Water Business

Heineken Romania announced it signed a contract with businessman Ioan Bălan to sell its mineral water division, part of the former Bere Mureş company, but the transaction price was not made public. [...more]

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SAB gets it’s teeth into Transylvanian Brewer

SAB gets it’s teeth into Transylvanian Brewer

SAB Miller has announced that it has acquired a 71% interest in the Romanian brewer Bere Azuga through it’s Romanian subsidiary Ursus Breweries. Bere Azuga, which produces the Azuga and Valea Prahovei brands, operates from a single brewery located  in the central Transylvanian region of Romania. Stephan Maria Weber, MD of Ursus Breweries, said:  “Ursus […] [...more]

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