Dutch beer maker Heineken N.V. and Efes Breweries International N.V. decided to end the partnership in Kazakhstan and Serbia. Heineken will sell a 28% stake in Efes Kazakhstan to Efes which is a subsidiary of Anadolu Efes. In exchange, Heineken will buy Efes' 28% stake in Central Europe Beverages which is the holding company for Serbia. As a result of the deals, Efes will pay USD 161mn to Heineken. The transactions are expected to be completed by May 2013. Turkish Efes will strengthen its position on the Kazakh market. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more