Heineken also said in its report that the evolution in Romania is better than that in the Central and Eastern Europe (CEE) region where group beer volume grew 3.8%, to 54.7 million hectoliters.
“The 3.8% volume growth was led by solid gains across most markets in the region, partly offset by lower volume in Greece and at the BHI joint venture operation in Germany,” the report also reads.
According to the report, the group registered higher profit in Russia, Austria and Romania, and lower profit in Poland and Greece. Its earnings before interest and taxes (EBIT) rose 0.8% to EUR349 million, in the region, on the year in 2012.
Beer sales in the region rose 1.6% by value, to EUR3.28 billion, on the year in 2012. “The depreciation of local currencies (i.e. Russian rouble, Belarusian rouble and the Romanian lei) versus the euro reporting currency limited reported revenue growth to 1.6%”, the report also reads.
At group level, Heineken registered a 7.4% increase in revenue, to EUR18.4 billion, while its net profit more than doubled to EUR2.9 billion.
Heineken owns four breweries in Romania, in Miercurea Ciuc, Constanta, Craiova and Mures.