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Tag Archives: Heineken

Heineken Gets Georgia Boost with New Brewery for Licensed Production

Global Beer Georgia has secured a near-US$20m loan to build a brewery in the country that will produce Heineken brands under licence. The company, which is owned by Georgian wine producer Teliani Valley, confirmed late last week that it has qualified for an EUR18.6m (US$19.7m) syndicated loan arranged by the …

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Teliani Valley to Issue New Shares

Teliani Valley to Issue New Shares

JSC “Teliani Valley” (wine company) plans to increase chartered capital for the second time this year. Company’s announced capital is planned to grow by 12 million shares up to 400 million. Nominal value on per share totals to 0.01 GEL. In addition , a pre-emptive right is scheduled to be abolished …

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EBRD Plans to Finance Beer Plant Project of Teliani Valley

EBRD Plans to Finance Beer Plant Project of Teliani Valley

Teliani Valley plans to gain funding from EBRD for construction of beer plant. The financing will consist of a senior (A/B) and a parallel loan in aggregate amount of up to €18.5 million in the total project of 37 million. The credit consist of  3 parts: A Loan for the EBRD’s …

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Heineken, Carlsberg Forecast Profit Gains as Asia Sales Rise

Heineken, Carlsberg Forecast Profit Gains as Asia Sales Rise

Heineken NV and Carlsberg A/S, the world’s third- and fourth-largest brewers, forecast higher profit this year as markets such as Vietnam and southeast Asia offset weakness in Russia and China. Sales and profit will both increase in 2016 even with an “increasingly challenging external environment,’ Amsterdam-based Heineken said in a statement …

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Kazbegi Founder Sees Risk in Construction of Heineken Brewery in Georgia

Some Georgian producers of beer see a threat in building Heineken beer factory in Georgia. Kazbegi founder Gogi Topadze notes that in total four large companies are operating on Georgia’s beer market today. These are Kazbegi, Natakhtari, Zedazeni and Castel. Any from these two companies can fully cover Georgia’s demand for …

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