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Borsodi brewery makes HUF 4.3 bln profit in 2009

Hungary's Borsodi brewery had pre-tax profit of HUF 4.3 billion in 2009, a big improvement over a HUF 1 billion loss in 2008, communications director Ildikó Stefankovits told MTI.

Revenue fell 6% to HUF 40.6 billion in 2009 because of the crisis. The brewery's market share was around 30%. Established in 1973, Borsodi brewery was acquired by Interbrew of Belgium in 1991.

Interbrew's successor, Anheuser-Busch InBev sold its Central and Eastern European units, including Borsodi, to private equity company CVC Capital Partners in December last year. Borsodi is now a member of the StarBev group operated by CVC. (MTI - Econews)