ZF English

Bergenbier's Blaj brewery stays closed

30.03.2010, 23:09 34

Bergenbier, the third largest brewer domestically, has decidedto extend the period during which the Blaj brewery stays closed,after it announced it would halt production for six months lastOctober, until March 2010, and the 110 employees would go intotechnical unemployment. The company's representatives maintain,though, they will not operate layoffs, but extend the technicalunemployment period for the 110 employees. "We'll reopen thebrewery when the beer market registers sustainable volume growth,and the capacity of Ploiesti brewery proves insufficient to meetconsumer demand. This largely depends on the economic environment,as well as on Romanian consumers regaining their confidence. In thefirst three months of this year, the beer market showed no signs ofrecovering," Mihai Ghyka, general manager of Bergenbier, a companyowned by CVC Capital Partners private equity fund, told ZF. TheAlba county facility in 2008 brewed over one million hectolitres ofbeer, around 30% of the production of former InBev Romania and 5%of overall domestic beer output, according to ZF estimates.

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