AB InBev Efes Ukraine (Kyiv) reduced its net loss by 26.1% to UAH 600.335 million in 2024, according to the agenda of the general meeting to be held remotely on April 11.
According to the published information, the shareholders plan to cover the losses at the expense of the company’s additional capital.
The shareholders are also proposed to approve the report of the company’s board of directors for 2024 and take into account the conclusions of the audit report for 2024.
According to the Opendatabot service, the company increased its revenue by 16.9% to UAH 5.451 billion in 2024, and its liabilities by 1.7 times to UAH 3.424 billion. At the same time, the company’s assets decreased by 2.4% to UAH 5.185 billion, and the number of employees decreased by 128 people to 1,088.
As reported, the shareholder structure of Abinbev Efes Ukraine was to change as part of the restructuring of the joint business of AB InBev and Anadolu Efes, which was explained by the Belgian company’s desire to leave the Russian market. Initially, it was planned that Anadolu Efes would buy out ABI’s entire stake in their joint venture AB InBev Efes B.V., which includes breweries in Ukraine and Russia, as announced in December 2023. However, Russia blocked the deal. As a result, the companies agreed on a different scenario in October 2024: Anadolu Efes will acquire AB InBev’s stake in the Russian business, and AB InBev will acquire Anadolu Efes’ stake in the Ukrainian business.
In December 2024, the Antimonopoly Committee of Ukraine granted a permit to AB InBev Western European Holding B. V. (Breda, the Netherlands) to acquire Abinbev Efes Ukraine PrJSC. The AMCU also allowed Efes Breweries International B.V., a member of the international Anadolu Efes group, to obtain sole control over AB InBev Efes B.V.
AB InBev Efes is one of the leaders in the Ukrainian brewing market, a joint venture of the world’s largest brewer Anheuser-Busch InBev and Turkey’s largest brewer Anadolu Efes.
The portfolio of beer brands consists of global (Bud, Corona Extra, Stella Artoi), international (Hoegaarden, Leffe, Beck’s, Lowenbrau, Franziskaner, Spaten, Velkopopovickiy Kozel) and local (Chernihivske, Rohan, Yantar) brands.
In 2023, Abinbev Ephesus Ukraine suffered serious losses of UAH 811 million with a turnover of UAH 4.6 billion. In the first year of the full-scale invasion, the company’s performance dropped from UAH 2.2 billion in revenue to UAH 2.1 billion in losses. The reason for this was damage to the company’s plants in Chernihiv, Mykolaiv and Kharkiv as a result of the hostilities.
