Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Budějovický Budvar to invest CZK 1.5bn in construction

Share on facebook
Share on twitter
Share on linkedin
Table of Contents

Budějovický Budvar is planning on investment construction for approximately CZK 1.5bn within the Strategy of Development of the Company for the years 2015-2020. The intended projects should enable an increase of production capacity by 20 % by the end of the year 2019. The company is currently beginning the construction of a logistic centre, which is planned to be completed in the year 2018. Economic manager Petr Žáček said that in the year 2015, the performance of the company increased by 5.6 % year on year to CZK 2.47bn. Its profit prior to taxation has increased by 13.8 % to CZK 349.8m. The volume of sold beer has increased to 1.60 million hectolitres (+9.9 %). Local sales have increased by 9 %. Export was 10.5 % higher.


most viewed

Subscribe Now