Budvar's Beer Exports To US Rise 7 Percent
Stock quotes in this article:
BUD
PRAGUE (AP) State-owned Czech brewery Budejovicky Budvar NP which has been fighting a long legal battle over the Budweiser brand said Tuesday it boosted its exports to the United States by 7 percent in 2008 due to a distribution deal with its U.S. archrival Anheuser-Busch.
Budvar exported a total of 11,791 hectoliters (311,494 gallons) of beer to the United States in 2008, compared with some 11,000 hectoliters (290,598 gallons) the previous year, the brewer said. "We're delighted by the results," Budvar spokesman Petr Samec said. "It's a decent growth," he said. "The distribution is functioning very well." Two years ago, Anheuser-Busch now Anheuser-Busch Inbev after a merger deal agreed to distribute Budvar's Czechvar lager in the United States, giving the Czech company access to its unrivaled network of 600 independent wholesalers. Although Budvar considers itself the maker of the original Budweiser, it has since 2001 exported its lager to the U.S. under the name Czechvar due to trademark issues.- Loading Comments...
- Loading Comments...
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,291.26 | 1,098.51 | 2,166.90 | 34.74 |
Oil *
77.93
|
|
UP
44.29
|
UP
5.50
|
UP
15.82
|
DOWN
0.08
|
10 Yr
3.47%
SPDR Gold
109.60
|
|
+0.43%
|
+0.50%
|
+0.74%
|
-0.23%
|
Data delayed 20 minutes |














