HUF Seven billion investment at Dreher Hungary
The Hungarian subsidiary of SABMiller has to improve its efficiency in Hungary.
High energy prices and increased raw material prices caused problems for
producers. SABMiller boosted sales volumes by 7% yr/yr in Hungary in the first
quarter of 2007, outperforming the market. This performance was achieved
against a backdrop of significant fiscal austerity measures impacting
consumers, a 20% excise increase, and competitor discounting, the company said
in its preliminary Q1 earnings report.
Last year's massive investments and current developments
show that the parent company, SABMiller, has long-term plans with its Hungarian
unit.
The efficiency must be improved.
Related news
Related news
The Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >Lidl has published its 3rd sustainability report
Lidl Hungary’s sustainability report for the 2022/2023 business years has…
Read more >Wienerberger donated ten million forints worth of roof tiles for the construction of the Tábitha Hospice House in Törökbálint
The “Being Good is Good!” fundraising activity has been launched…
Read more >