Heineken buys Belarus brewery

Friday 28 December 2007

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.

© DutchNews.nl

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