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Beer prices set to rise

Wholesale prices of various types of Slovak beers owned by the Heineken and SabMiller breweries will increase by up to 10 percent as of December, the Pravda daily wrote on October 10.

Heineken, which owned a 46-percent share of the Slovak market in 2006, will raise the price of Zlatý Bažant, Corgoň, Kelt, Martiner and Starobrno.

SabMiller, which had a 39-percent share of the market last year, will increase the cost of Topvar, Šariš, Smädný Mních, Velkopopovický Kozel and Gambrinus.

The situation is similar across Europe, due to big increases in the cost of beer ingredients. The price of barley has increased by more than 60 percent over the past year, while that of hops has risen by more than 40 percent.

"We've also seen a significant increase in the cost of packaging," Heineken Slovensko spokesman Roman Krajňák said.

-TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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