E-Malt.com News article: 3740

Venezuela: Venezuelan brewing force, Empresas Polar, has posted that its first nine-month sales increased 10% up to US$2.3 billion during January 1-September 30 this year compared to the same period 2003. The brewery attributed the growth to its operations in Venezuela, Colombia and in the Caribbean.

Company’s sales might grow 5% in 2005 as the economic situation in Venezuela continues to improve after the economic crisis of 2003, Rafael Sucre, The Empresas financial director said.


28 November, 2004