After beer hike leader faces pub ban in UK

Posted by admin | News | Posted on May 10th, 2008

The News Review:

- After beer hike leader faces pub ban in UK
- hio Brewing Co. set to open
- SABMiller buys one of Ukraine’s biggest brewers
- Printer Friendly Format – Sunday Herald
- Consumption of liquor rises in TN

After beer hike leader faces pub ban in UK
Calcutta Telegraph – May 10, 2008
Members of the Kendal Bar Watch Scheme have voted unanimously to keep Darling out. The Chancellor increased duty on a pint of beer by 4 pence and raised duty on spirits by 55 pence a bottle from every pub in Cumbria. Local residents don’t remember spotting Darling on their streets but if he does come visiting he will not be able to walk into a pub for a drink. Irate pub owners believe that raising the price of a beer pint amounted to “anti-social behaviour”.

hio Brewing Co. set to open
Akron Beacon Journal – May 10, 2008
”This is a dream come true” Verich said during a tour of the 16000-square-foot restaurant which includes bar and restaurant areas a mezzanine for private parties 25 flat-screen televisions and a coffee shop. The bar area features ceramic tile and a ceiling full of flags from brewing nations around the country. The flags give the bar a ”European beer hall atmosphere” Verich said. There will be seven beers made on premise on tap ranging from a stout to a kolsch to an India pale ale. The brewpub also will offer growlers — larger jugs of beer to take home. ”At least one of our beers will be your favorite” said Verich who also serves as vice president of the newly formed hio Craft Brewers Association. ”We’re trying to bring wonderful microbrewed beer and great food to Akron.

SABMiller buys one of Ukraine’s biggest brewers
Telegraph.co.uk – May 10, 2008
SAB was close to a bid for S&N but pulled back over concerns about the price. The acquisition of Sarmat gives it exposure to the region on a smaller scale. The Ukraine is one of the fastest growing beer markets globally with consumption rising 14pc per annum in the four years to 2006. Alan Clark managing director of SABMiller in Europe said: “The Ukrainian beer market has recorded exceptional expansion in recent years driven by strong economic growth but it still remains behind other CEE countries in terms of per capita beer consumption. Sarmat which SAB claims has gross assets of about $130m (£66. 4m) is owned by System Capital Management one of Ukraine’s leading financial and industrial holding companies. Sarmat’s brewery which produces brands including Sarmat Dnipro and Drive Max produces 2.

Printer Friendly Format – Sunday Herald
Sunday Herald – May 10, 2008
Any big problems and higher interest rates will put serious pressure on Carlsberg. Market share and profit in Russia will have to be defended. Meanwhile beer consumption in Western Europe will continue to fall demanding fewer and more effective breweries and more focus on distribution. New possibilities will come up in Asia – especially in China. Danish companies have a strong international mercantile tradition but the question is whether Carlsberg has the financial power and smarts to keep up with the competitors. The funeral of S&N is also the baptism of Carlsberg as a global player. Until it grows to robust maturity its survival in the big league remains in doubt.

Consumption of liquor rises in TN
Times of India – May 10, 2008
61 lakh cases and beer 86. 35 cases in 2003-04. In 2007-08 thesale of IMFS had gone up to 306. 24 lakh cases and beer to 196. 36 lakh cases alldistributed through the 6699 government-run retail vending liquor outletsTASMAC (Tamil Nadu State Marketing Corporation) shops. TASMAC took over allretail sale of liquor in the state in 2003. Production of IMFS alsonearly doubled from 14… 04 crore bulk litres to 27. 02 crore bulk litres. Production of beer hold your breath has nearly trebled from 5. 95 crore litresto 15. 80 crore litres at the six manufacturing units that supply to TASMAC. Twomore units are being set up. As the revenue from liquor has shot upfrom Rs 3639 crore in 2003-04 to Rs 8816 crore in 2007-08 successivegovernments both the AIADMK and DMK have subtly but firmly ruled out checkingthe flow of liquor.

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