CORPORATE NEWS

South Africans buy Šariš

Representatives for South African Breweries Ltd. announced on September 17 that the company bought a 97.6 percent stake in Slovakia's Pivovar Šariš brewer, in which it plans to invest an initial $38 million.

SAB said further investments would be made to improve Šariš's operations, located in east Slovakia and with an annual brewing capacity of one million hectoliters. The acquisition ties in with SAB's international expansion program which has seen it become a major player in Romania, Hungary, Poland as well as several markets in Africa.

Get daily Slovak news directly to your inbox

Top stories

Curfew and closed schools. Slovakia goes into a mild lockdown this weekend

Nationwide testing will follow, accompanied by another curfew.

Nationwide testing - an ambitious plan with an uncertain result

Antigen tests to be used work on patients with symptoms.

Police arrest top special prosecutor, suspected of helping a mafia group

Dušan Kováčik is known for not filing any criminal lawsuits.

State prepared an €100-million injection for tourism

The sector hit hard by the coronavirus crisis should see money at the end of this year.

Illustrative stock photo