Steiger to get EBRD money

THE EUROPEAN Bank for Reconstruction and Development (EBRD) is likely to take a 45 per cent share in the Slovak brewery Steiger.

The EBRD is expected to invest several million crowns into the brewery over a two year period and almost double the annual production of beer, currently standing at almost 300, 000 hectolitres.

The entrance of EBRD and its investment activities in Steiger will also boost the interests of strategic investors in the oldest Slovak brewery.

Steiger was on the verge of being bought by a strategic investor three years ago when Dutch firm Heineken showed interest in the company. However, the talks failed and Heineken obtained two other Slovak breweries instead.

Top stories

Lockdown in Bratislava

Ministry proposes to start reopening Slovakia for the vaccinated and recovered shortly before Christmas

The Health Ministry came up with three phases, one of which involves a longer lockdown.


22 h
Igor Matovic

PM’s calls for “respect” are ignored by his own colleagues

Finance minister proposes massive handout without consulting PM.


24 h
Katarína Nováková Grubb

This Slovak wears her folk costume even in New York City

Katarína Nováková Grubb made a career in the US. She remembers 2020 fondly despite the pandemic.


24 h
Skryť Close ad