Wed, 27 Oct, 2010
Mon, 14 May, 2012
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Molson Coors has reported a 4.1% decline net profit in the first quarter after weaker-than-expected sales in Canada and acquisition costs associated with the firm’s takeover of StarBev hit the Denver-based brewer’s bottom-line.
Net income reached $79.4 million, down from $82.6 million a year earlier. Earnings were at the top end of forecasts after gross margins at Molson Coors’ joint venture with SAB Miller beat expectations.
Fri, 4 May, 2012
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Anheuser-Busch InBev announced its annual financial results this month and they are impressive, especially for a company with roots as a small brewer in Sao Paolo, Brazil. The brewer, the world's largest, A-B InBev reported a double digit EBITDA growth rate and almost 30% growth in earnings per share.
And yet, in announcing those numbers, management confessed: "We know we can do better. A fundamental part of our culture is never entirely being satisfied with our results: we always challenge ourselves to dream bigger and achieve more."
Fri, 4 May, 2012
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BusinessNewsHeineken Breweries Go Solar
Heineken Breweries Go Solar
03 May 2012
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Heinken's solar installations on four of its breweries is cuttiing costs, reducing carbon and helping the company achieve its sustainability goals.
At the Heineken brewery in Göss, Austria, solar panels will heat malt and water, contributing roughly 18% of the energy requirement of the initial mashing process. The Göss brewery already derives 35% of its energy needs from district heating from the nearby sawmill that produces hot water for heating, using wood chips. The sawmill burns woodchips and supplies the steam via a pipeline to the brewery.
Tue, 24 Apr, 2012
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Redhook Employee Killed in Keg Explosion
Hospital confirms brewery worker died this morning after suffering injuries from a keg that exploded in his face.
By Robert Cook
Portsmouth Police are at the scene of a workplace injury at Redhook Brewery
PORTSMOUTH, NH – A hospital spokeswoman confirmed just after noon today that the Redhook worker who was injured when a beer keg exploded in his face died this morning.
Mon, 16 Apr, 2012
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The Kirovsky District Court in St. Petersburg upheld on Friday the local State Labor Inspectorate's order to reverse the disciplinary punishment imposed on Heineken subsidiary workers for going on strike.
Wed, 11 Apr, 2012
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Paste this link in . It is an interesting read on how Heinekin is going to present itself in the future. We shall see
http://www.sustainabilityreport.heineken.com/empower/engaging-employees/...
Wed, 28 Mar, 2012
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BRUSSELS/LONDON, March 28 (Reuters)Discontent is building against executive bonuses totaling more than 1 billion euros ($1.33 billion) at Anheuser-Busch InBev triggered when the brewer cut its huge debt two years ahead of target following the acquisition of the maker of Budweiser.
Executive options were set on how rapidly the world's biggest brewer could cut debt, and with the target now reached Chief Executive Carlos Brito is in line for a windfall of more than 100 million euros among 40 AB InBev executives set to benefit from the scheme.
Mon, 26 Mar, 2012
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Gone are the days when collective bargaining was considered a positive
social force and strikes something that could float every worker's
boat. John Allemang sees a pivotal moment rapidly approaching for
organized labour in this country
So it has come to this: Even union leaders are losing faith in the
power of their unions.
"There used to be a time when we had great respect from the public,"
says Ken Georgetti, president of the Canadian Labour Congress. "But
we've lost that. There's this notion that unions are just out for
themselves and not for society. You get that label hung on you, and
you have to work to get rid of it."
Thu, 22 Mar, 2012
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Mexico's pro-industry unions undermining workers' rightsU.S. organized labor offers support to stop 'race to the bottom'
MEXICO CITY – During a 5.6-magnitude earthquake, Eduardo Vargas rose from his cubicle at the Atento call center in Mexico City and tried to evacuate the swaying building.
He didn’t get far. Vargas said supervisors blocked the exits and ordered panicked Atento employees to keep working.
Although no one at the call center was hurt, the shoddy treatment prompted Vargas and a few dozen co-workers to join the Mexican Telephone Workers Union to press Atento to raise their dollar-per-hour wages and improve working conditions. But to their surprise, they learned that they already belonged to a union.
