Advertisements

  • Home

[Dec 2017] Habesha Beer Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Habesha to Expand in Budding Brewery Industry

Habesha Breweries S.C. has started an effort to double up its annual production capacity to 1.5 million hectolitres. The project is likely to cost  a billion Br, according to sources.

The company, whose market share is around 13pc, is undertaking the expansion project in its 7.5ha plant located in Debre Berhan, 130km north of Addis Abeba, near to Dashen Brewery’s factory. The expansion is expected to be completed in the first half of the coming year; they are planning to borrow from commercial banks. But, the

... Read More

Habesha Beer Enters The Market

Habesha Beer started distribution on July 11, 2015, 20 days after commencing production, with a limited market in Debre Birhan, Addis Abeba and Adama.

In terms of share capital distribution, Habesha Beer has 8,800 shareholders including idirs, equbs, and Ethiopians in the Diaspora, with shares of 4,000 Br to 5,000,000 Br, Yonas Alemu, Habesha’s commercial director disclosed. Bavaria NV holds a 40pc share in the company, but, Yonas refused to tell the financial value of that share. Bavaria, established in late 17th century, is the

... Read More
Copyright © 2017 AddisBiz.com