Bulgaria Kamenitza Brewery Up for Sale - Report

Business | June 15, 2009, Monday // 12:33
Bulgaria: Bulgaria Kamenitza Brewery Up for Sale - Report Anheuser-Busch InBev decided to sell its central European operations considered as fragmented and non-strategic. Photo by EPA/BGNES

Bulgaria is one of seven countries in Eastern and Central Europe, where the world's largest brewer Anheuser-Busch InBev (ABI.BR) is considering divesting its operations, Belgian newspaper Le Soir reported on Saturday.

The paper said 11 breweries producing a total of 15 million hectoliters of beer a year in Bulgaria, Romania, Hungary, Croatia, Czech Republic, Serbia and Montenegro, were part of a "packaged" deal to be sold as a whole.

Le Soir said the company decided to sell its central European operations considered as fragmented and non-strategic in a bid to focus on its north and south American operations.

Kamenitza representatives declined to comment.

Kamenitza AD, part of Interbrew, which was renamed to InBev after the merger of Interbrew and AmBev. Is the second biggest brewery in Bulgaria. Its diverse brand portfolio includes international Stella Artois and Becks and local Kamenitza, AstikA, Burgasko , Pleven, Slavena.

 

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: Kamenitza

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria