Ursus Breweries invests EUR 50 million in expanding its brewing capacity
10 September 2007
This year, URSUS Breweries, a member of SABMiller plc, is investing EUR 50 million in the expansion and modernisation of the brewery in Timisoara. Following this investment, URSUS Breweries will expand the weekly brewing capacity of the Timisoara brewery by 200%.
The investment project increases total capacity in all areas of the brewery, with a new brew house, fermentation, filtration and storage tanks, as well as a new warehouse for finished product. Total cost also includes upgrading the infrastructure within the brewery including a waste water treatment plant.
"One of the major benefits of the modernisation of our Timisoara brewery will be in the reduction of resources (water, energy etc.), in line with the sustainable development strategy of URSUS Breweries”, declared Dragoş Hopulele, the Timisoara Brewery Director.
A new PET bottling line is included in the investment as a result of the doubling of the sales volume of Timisoreana in 2006, after the launch of the PET package in July.
“Even though URSUS Breweries completed a 50-million-euro investment in the expansion of Buzau brewery in 2006, we decided to continue investing in our capacity to ensure that we have the required capacity to meet the market demand. These investments will support our brands to reach their maximum potential and be the first choice of the Romanian consumers for all consumption occasions”, declared Dieter Schulze, President and CEO URSUS Breweries.
The brewery in Timisoara was acquired by SABMiller plc in 2001 and has a weekly brewing capacity of 21,000 hl, employing over 200 people. The investments made by URSUS Breweries in the Timisoara brewery until now have exceeded USD 16 million.
URSUS Breweries, a subsidiary of SABMiller plc, is the second largest brewer in Romania, with a market share of 24% as per MEMRB market researches. The Company has its headquarters in Bucharest, currently owns 4 breweries in Cluj-Napoca, Timişoara, Buzău, Braşov and, employs over 1,300 people. URSUS Breweries’ brands are: Peroni Nastro Azzurro, URSUS, Timişoreana, Ciucaş, Stejar and Pilsner Urquell.
SABMiller plc is one of the world’s largest brewers with brewing interests or distribution agreements in over 60 countries across six continents. The group’s brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.
In the year ended 31 March 2007, the group reported US$3,154 million adjusted pre-tax profit and revenue of US$18,620 million. SABMiller plc is listed on the London and Johannesburg stock exchange.
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