Business news from Ukraine

Carlsberg invested UAH 1.5 bln in new line at Kiev brewery

Carlsberg Group invested UAH 1.5 billion in opening of new production line at Kyiv brewery, which will enable to increase production output in cans by 80%, as the press service of the brewery reported.
“An important player on the world stage and industry leader, Carlsberg believes in Ukraine and is ready to invest in it at a time when Ukraine continues to fight against Russian aggression. This is another example of close Danish-Ukrainian partnership. Denmark is one of the closest partners of Ukraine. We cannot wait for peace to come. We have to start now and create concrete results. This is what Carlsberg does here”, – Ole Egberg Mikkelsen, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Denmark to Ukraine, said during his visit to the plant on Monday.
According to the report, the peculiarity of the new line is modern technology, full automation, compliance with the safety requirements of the operating personnel and the safety of the product produced on it.
“Safe working conditions, excellent product quality and high technological effectiveness of the production process are our priorities. And the new production line is one of the effective tools that help us to implement these priorities. Carlsberg Group supports us all the time, because it believes not only in us as a business, but also in Ukraine as a whole, “- said Oleg Haidakin, Chief Executive of Carlsberg Ukraine.
Carlsberg Ukraine is a part of Carlsberg Group, one of the leading brewery groups in the world, the products of which are sold in over 150 countries. Carlsberg Group started its operation in Ukraine in 1996 and since then it has invested over EUR 1 billion in the construction of its enterprises, and employs over 1500 people.
Carlsberg Group in Ukraine includes three breweries in Zaporozhye, Kiev and Lvov. At the beginning of the war the company suspended operations at all three breweries. In 2023 the company gradually resumed the work of the breweries: in March the Lviv brewery was launched where at first only water was produced for humanitarian needs, then in May – the Kiev brewery, in July – the Zaporozhye brewery.
Carlsberg portfolio in Ukraine includes beer, cider and soft drinks such brands as “Lvivske”, Robert Doms, Baltika, Carlsberg, Tuborg, Kronenbourg 1664, “Arsenal”, “Kvas Taras”, Somersby, Guinness, Seth & Riley’s Garage, Warsteiner, Grimbergen and others.

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BALTIC BEVERAGES INVEST WILL BUY 12.6 MLN SHARES OF CARLSBERG UKRAINE

Baltic Beverages Invest AB (BBI, Sweden) will buy 12.583 million shares of PrJSC Carlsberg Ukraine (Zaporizhia), one of the largest brewing companies of Ukraine, within the framework of squeeze-out for UAH 14.7 per share.
According to the report in the information disclosure system of the National Securities and Stock Market Commission, this price is defined as the market value of shares as of March 25, 2019. Thus, the total amount of the repurchase of 12.6 million shares of Carlsberg (1.2% of the total number of shares) will be about UAH 185 million.
As reported, Baltic Beverages Invest AB at the end of March 2019 announced its intention to exercise the right to compulsory redemption of shares from the minority shareholders of PrJSC Carlsberg Ukraine.
Carlsberg Ukraine in 2018 increased its net profit by 1.5 times compared with 2017, to UAH 1.634 billion.
Carlsberg Ukraine is part of Carlsberg Group, one of the leading brewing groups in the world, whose products are sold in more than 150 countries.
Carlsberg Group in Ukraine includes three breweries in Zaporizhia, Kyiv, and Lviv.

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UKRAINIAN BEER MARKET STABILIZES FIRST IN NINE YEARS

The Ukrainian beer market has stopped falling and stabilized first in the nine years, Carlsberg Ukraine Director General Yevhen Shevchenko has said.
“According to our internal assessment, the Ukrainian beer market for the first time in nine years has stopped its decline and stabilized. The facilities of Carlsberg Ukraine are not loaded in full, so we focus not only on the beer market, but also on the development of cider and non-alcoholic portfolio – kvass and other drinks,” he told Interfax-Ukraine.
At the same time, the general director said that the company’s production capacities are sufficient for all categories of goods.
Shevchenko said that there has been a trend towards the growth of premium and super-premium segments in the past three years, but still about 70% of the market is occupied by medium- and low-price segments of beer.
“Carlsberg plans to develop all brands of the portfolio, meeting the demand. This year the company has already managed to launch two new products: Robert Doms Golden Ale and Lvivske Kneippa Zhyve, and also offered Kronenbourg 1664 Blanc in a new format – matte can of 0.33 liter,” the general director said, adding that “the company will be limited to the release of only these products in 2018.”

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