Tag Archives: Romania

AB InBev offers to dispose of SABMiller’s Central, Eastern European brands as it seeks regulatory approval

Brewing giant, Anheuser-Busch InBev (AB InBev) has offered to sell SABMiller’s Central and Eastern European brands, including Pilsner Urquell as part of efforts to gain regulatory approval for its planned acquisition of SABMiller.

Nigeria remains a strong market for Coca-Cola as robust sales offset woes in Russia

Coca-Cola HBC AG, the second-largest bottler of Coca-Cola products said that strong sales in Nigeria, Romania and Ukraine were more than making up for its struggles in Russia, the company’s biggest market, reports Bloomberg.

On Nigeria, “Obviously oil at $50 [a barrel] is not great news for them, but we have been focusing on the things we control,” said Dimitris Lois, the chief executive, who highlighted the company’s successful ‘Share a Coke’ marketing campaign in the country.