URBB’s total sales stood at RON215 million and its profit reached RON8 million.
Speaking at a press conference on Thursday, Shaine said the company registered very good results in the first half of 2016, due to the lowering of the sales tax, a not-so-rainy summer season, a 10% increase in tourism in Romania, the lowering of the sales tax on beer and the fact that people prefer to go out and have a drink rather than at home. He added these factors had an impact on the way Romanians spend their money.
According to Shaine, beer brand Tuborg boasts a significant growth, seeing an increase of over 20% by volume in January-August 2016. He said in July and August, the Tuborg brewery located in Pantelimon operated at almost full capacity, producing nearly one million liters of beer per day.
10% of the annual output of two million hectolitres of beer go to export to countries such as Albania, Macedonia, Bulgaria, Moldova and Turkey, where Tuborg has no breweries.