FDBusiness.com

EBRD Loan For Heineken Brewery in Belarus

 Breaking News
  • Good Year For Shepherd Neame Shepherd Neame, Britain’s oldest brewer and the owner and operator of 327 pubs, has reported an 11.7% increase in turnover to £156.2 million and a 7.2% rise in underlying operating profit to at £15.3 million for the 52 weeks ended 24 June 2017. Underlying profit before tax was up 8.0% to £11.2 million and statutory [...]...
  • Consumers Being Drawn Towards Moderate Beer Options New research from Mintel reveals that over a quarter of consumers in France (28%) and Germany (27%) agree that low or no alcohol beer* tastes just as good as full-strength beer. And while younger consumers may have been the most enthusiastic drinkers in previous generations, this group are among the most likely to see the merits [...]...
  • Celebrating 70 Years of ALPMA Preparing for a milestone anniversary is no mean feat, even for a global market leader – ALPMA Alpenland Maschinenbau GmbH recently celebrated its 70th “birthday” with invited guests from around the globe, its employees, and a subsequent open-house event. The festivities prepared by the market leader in mechanical engineering products for food and dairy processing and packaging [...]...
  • Biggest PPMA Show in 12 Years – 26-28 September 2017, NEC Birmingham More than 350 exhibitors representing 1,500 brands will descend on the NEC, Birmingham on September 26th for the biggest PPMA Show in 12 years. Taking place from 26-28 September 2017, co-located with Interplas, TCT show and Sensors and Instrumentation, the PPMA Show 2017 promises to deliver insights into the latest machinery products, technologies and materials, building on its [...]...
  • Heat Sealing Innovators, PA Demonstrate Patented Technology and Launch a New Pot Filling Machine at PPMA –  Stand A14 With over 50 years of unrivalled sealing expertise, PA support a wide range of customers from the artisan to the multinational, from initial concepts through to installation and beyond. On stand A14, PA will be exhibiting the latest patented innovative technology in high speed tray sealing and a brand new approach to pot filling and [...]...

EBRD Loan For Heineken Brewery in Belarus

EBRD Loan For Heineken Brewery in Belarus
January 25
14:22 2013

The EBRD is providing Eur5 million in funding for the Belarus operations of the Heineken group, Europe’s largest beer producer, mainly to support the company’s efforts to promote the production of high-quality barley by local farmers and make a more efficient use of water and energy in its breweries.

The funding will consist of a seven-year loan of Eur4 million, as well as a revolving loan of Eur1 million, available for three years.

The bulk of the EBRD funding will be used to finance the capital expenditure programme of Heineken’s brewery in the town of Bobruisk, 140 km southeast of the capital, Minsk. This will include new upgrades for brew houses and the purchase of eco-friendly merchandise refrigerators.

It will enable the company to become more competitive and improve local production standards, including through a more efficient use of energy and water. The funding will also be used to support local farmers producing high-quality barley for sale to Heineken’s Belarus breweries

The borrower is Belarus’s FCJSC Heineken Breweries, which is wholly owned by Heineken.

Established in 2007, Heineken in Belarusis one of the leading beer producers in the country and one of the first privatised breweries in Belarus. Its products include local beer brands Bobrov and Rechitskoe and licensed beer under the brands Zlaty Bazant, Doctor Diesel, Gosser and PIT as well as popular malt-based soft drink kvass under own local brand Hatni.

Although Heineken became the single largest beer producer in Belarus in 2011, the sector is still dominated by state-owned breweries.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 26, 2017POWTECH
  • September 26, 2017FHM2017
  • October 7, 2017ORGANIC TRADE FORUM 2017 (Anuga)
  • October 10, 2017Innovation in Non-Alcoholic Beverages Congress 2017
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements