SHUMENSKO PIVO WITH 60% SALES GROWTH

Business | July 23, 2001, Monday // 00:00

Shumensko Pivo brewery ranks among the leaders in this field after Fikret Ince, the owner of the oldest brewery in Bulgaria, reported a 60% sales growth for the first half of 2001, as compared to the year-ago period. By the end of this year the brewery`s output will reach 35 million litres. For the first time Shumensko Pivo will export to the USA one of its vintage brands, Royal Beer /Tsarsko Pivo/. After the Turkish company Fin Metal acquired the brewery, it fulfilled its investment programme in two years, instead of three. DEM 16 М have been invested in technological upgrade.

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