Austrian Brau Union group to add Warsaw brewery to its Polish collection
Most likely Austrian Brau Union (BU) will acquire the upcoming Browary
Warszawskie (BW) brewery share issue, giving it a strategic stake in the
plant. A decision on the issue will be made at the BW shareholders meeting
on Dec. 30. The Austrian group declared it would invest approximately
zl.200 million in the Warsaw plant. By the end of the year BU will likely
obtain Interior Ministry permission for the investment, which it has been
seeking for eight months. Last year BW sold 660,000 hectoliters of beer,
giving it 2.9% of the domestic beer market. Since the beginning of this
year BU has been trying to create a strong brewing group in Poland, having
acquired a majority stake in Rzeszow-based brewery Van Pur and 24% of
Browary Bydgoskie Kujawiak. Unofficially, this year the group sold 1.4
million hectoliters of beer, giving it third position in the sector. (Puls
Biznesu, p.5) P.J.