BELARUS NEWS AND ANALYSIS

DATE:

28/12/2007

Heineken buys Belarus brewery

Heineken is taking over Belarus brewery Syabar Brewing Company, the second-biggest brewing group in the country. Financial details were not disclosed.

Syabar has a workforce of 280 and sold 600,000 hectolitres of beer this year.

Sybar's current owner is a Cyprus-based unit of the World Bank which makes loans to the private sector in developing countries, reports news agency ANP.

Source:

http://www.dutchnews.nl/news/archives/2007/12/heineken_buys_belarus_brewery.php