The Czech Republic: Budejovicky Budvar’s exports rise 1% in 2012

Czech brewer Budejovicky Budvar reported on January, 8 1% rise in exports to highest level in 117 years.

State-owned Czech brewery Budejovicky Budvar, which has been fighting a long legal battle with U.S. beer giant Anheuser-Busch over the use of the “Budweiser” brand, says its 2012 exports rose by 1.1 percent to reach a record high.

Budejovicky Budvar NP says it exported 657,000 hectolitres (17.36 million gallons) of beer to 58 countries last year, the best result in 117 years. Budvar’s overall 2012 output reached 1.34 million hectolitres (35.4 million gallons), almost 2 percent more than 2010.

Spokesman Petr Samec said that more details on Budvar’s sales will be released over the coming weeks. Financial results are due in April.

Both Budvar and Anheuser-Busch — which was taken over by Belgian brewer InBev in 2008 to form AB InBev — claim exclusive right to the Budweiser name.

09 January, 2013