Romania: Top 3 beer producers exceed 1billion Euro in value

The producers of the Bergenbier, Timisorena and Golden Brau brands boast a cumulated value of over 1.1 billion euros, according to the Yearbook "Top 100 Most Valuable Companies in Romania," compiled by Ziarul Financiar in partnership with investment firm Capital Partners, Ziarul Financiar published November 14.

The most valuable company in the beer industry was the local branch of the Dutch producer Heineken, which was evaluated by Capital Partners at 455 million euros, up 40% against the previous year. The fact that the top three players on the beer market are present among the top 100 most valuable companies in the Romanian industry proves once more how competitive this market is, given that no other companies in the dairy, bakery, charcuterie and spirits industry managed to exceed the 200 billion-euro mark.

In 2006 Heineken Romania, Ursus Breweries and InBev Romania posted an over 500 million-euro cumulated turnover, and profit worth over 80 million euros.

14 November, 2007