Thursday, January 23, 2025
24.0°F

Before pandemic, Czech Budvar beer sales hit a record

Columbia Basin Herald | UPDATED 4 years, 7 months AGO
| June 24, 2020 3:03 AM

PRAGUE (AP) — Beer production at Budvar, which has been in a long legal dispute with U.S. giant Anheuser-Busch over use of the “Budweiser” brand, increased last year to the highest level in the brewer’s 124-year history.

Budejovicky Budvar NP, a Czech state-owned brewery, said Wednesday that its output rose 4.8% to 1.679 million hectoliters (44.36 million gallons) in 2019, before the pandemic hit global trade and business.

The brewer’s exports were up 7.4% to 1.154 million hectoliters (30.49 million gallons) last year, also a record, to almost 80 countries. Germany, Poland, Slovakia, Russia and Britain were the biggest foreign markets for Budvar last year.

Budvar says its revenues hit a record high last year, reaching more than 2.8 billion crowns ($119 million). The profit figures have not been released.

The brewer has been expanding to be able to produce over 2 billion hectoliters of beer a year.

MORE IMPORTED STORIES

Anheuser-Busch, Miller companies eye global merger
Coeur d'Alene Press | Updated 9 years, 4 months ago
Campaign brewing to get Hindu god Brahma off popular beer
Columbia Basin Herald | Updated 4 years, 6 months ago
Campaign brewing to get Hindu god Brahma off popular beer
Columbia Basin Herald | Updated 4 years, 6 months ago