Pressure on Slovak breweries continues

THE POSITION of breweries on the Slovak market is determined by supranational companies, by the planned takeover of Topvar by SABMiller and by tougher conditions set by large companies with significant negotiating power, the SITA news wire wrote.

"The acquisition of Topvar should not have any significant direct impact on Bratislava-based Stein brewery, which counts among the small breweries," said Dušan Pfeifer, member of the board of directors of the exclusive distributor of beer from the Stein brewery.

"I think that the development of the Slovak market has not finished yet. A bigger danger for our brewery would be the acquisition of Topvar by a new supranational company, which does not operate yet on the Slovak market," said Pfeifer.

In June this year the Slovak Antitrust Office (PMÚ) launched administrative proceedings concerning the takeover of Topvar brewery by the South African company SABMiller. However, the PMÚ has not yet issued any verdict.

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

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