Sun, May 19 2013
AN original Bulgarian beer brand - Kamenitza - celebrated its 125th anniversary as leader on the beer market in Bulgaria, company general manager Johan De Smet-Van Damme told the media on February 7.
De Smet-Van Damme said the brand Kamenitza had an 18-per cent share of the Bulgarian beer market in 2005, according to data from the world's leading marketing information company, AC Nielsen.
InBev, the Belgian brewing giant that owns Kamenitza, permeated Bulgaria's market in 1995, when Interbrew bought the Kamenitza brewery. Later, with Interbrew's acquisition the leading Brazilian beer manufacturer AmBev, it became InBev.
Today, InBev has a portfolio of more than 200 beer brands worldwide.
Since 1995, Kamenitza has spent more than 86 million leva on production facilities, advertising, trademarks, information systems and personnel training. Currently, the brewery, based in Bulgaria's second-largest city of Plovdiv, employs 650 people.
"Our distribution and retail sales partners, however, bring the number of people making their living on selling Kamenitza to about half a million," De Smet-Van Damme said.
In Bulgaria, InBev produces the brands Kamenitza (in light, dark, white, extra and non-alcoholic brews), Astika, Burgasko Pivo, Pleven, Slavena, Stella Artois, Beck's and Staropramen brands in three breweries in Bulgaria.
During its presence in Bulgaria, InBev has introduced a series of innovations and varieties of beer entirely new to Bulgaria, and developed the beer market as a whole, De Smet-Van Damme said.
In his view, the money InBev invested in Bulgaria was worth it in a market where the fight for the leadership is constant. More than 80 per cent of the beer sold on the domestic market is made by multinationals Heineken, InBev and Carlsberg. The two larger Bulgarian breweries - Bolyarka and Bulbrew - also produce competitive products.
The brand Kamenitza came into existence in 1881; its creators were three Swiss entrepreneurs: Rudolf Frick, Friedrich Sultzer and Christian August Bomonti. They built the brewery in Plovdiv on the location of a now non-existent hill in the city, called Kamenitza, hence the name.
In the 1890s, Kamenitza was already participating in international exhibitions and was awarded at events in Brussels, Chicago and others.
Kamenitza was the first in Bulgaria to offer dark beer, which was a risky innovation for a country where the mass consumption focuses mainly on lager.
In 1947, Kamenitza was nationalised by the communist regime and became part of the state-owned enterprise Alcoholic Beverages. In 1952, another decision by the authorities moved it to the state-owned holding Vinprom.
After the privatisation in 1995 by InBev, Kamenitza has become the main player on the local market, and since 1998, has constantly been the best-selling beer brand in Bulgaria.
To show its adhesion to the principles of corporate citizenship, Kamenitza has been involved in a series of popular initiatives, like being the official sponsor of the Bulgarian national football team and supporting different sporting events.
To celebrate the 125th anniversary of the Kamenitza brand, InBev has planned a series of events for customers, employees and partners. Special surprises will be in store for the participants at the traditional Beerfest in Plovdiv in early June this year. Gifts and prizes will be given out during this summer's promotional activities of the company across the country.
The option to postpone the due date was contingent on securing 55 million euro for immediate repayment of the amounts loaned by Belgium's Dexia and Japanese bank Mizuho.
The Eurostat data agency said that unemployment reached 10.9 per cent in March, up from 10.8 per cent in February. The March figure translates to 17.4 million people unemployed in the euro zone.
Citing three separate sources familiar with the deal, Capital Daily reports that the creditors found offers submitted by three bidders unsatisfactory.
Eurobank EFG is left with a 30 per cent stake in the merged entity but has said it will exercise its put option on the remaining holding.
The narrow focus of many euro zone countries on fiscal austerity is deepening the jobs crisis and could even lead to another recession in Europe, said the Director of the ILO Institute for International Labour Studies and lead author of the report, Raymond Torres.

Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.
At the begining of my letter
I would like to great you
I am a collector of beer labels
and gasises.
I also collect all materials and
gadgets connected with beer.
I would be grateful if you could
send me current or not current
labels of YOUR BREWERY.
I look forward to heaning
from you Best wishes.
DARIUSZ JĘDRYCZKO
43-100 TYCHY
ul.FILARETÓW 36/18
POLAND
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