July 22, 2014 9:19 PM ET

Beverages

Company Overview of Budejovický Budvar, n.p.

Company Overview

Budejovický Budvar, n.p. engages in brewing, distributing, and selling beers in the Czech Republic and internationally. It provides lager, non-alcoholic, and special beers. The company offers its products through distributors, as well as through its sales centers and restaurants in the Czech Republic. It exports its products to Germany, the Great Britain, the Slovak Republic, Austria, Switzerland, the United States, Canada, Italy, Hungary, and Ireland. The company was founded in 1967 and is based in Ceske Budejovice, the Czech Republic.

Karolíny Svìtlé 4

Ceske Budejovice,  370 21

Czech Republic

Founded in 1967

Phone:

420 38 7705111

Fax:

420 38 7311135

Key Executives for Budejovický Budvar, n.p.

Budejovický Budvar, n.p. does not have any Key Executives recorded.

Budejovický Budvar, n.p. Key Developments

Czech Government Denies Plans To Sell Budvar

Czech agriculture minister said, they have no plans to sell Budejovický Budvar, n.p. Marian Jurecka, in charge of Budvar, said in a interview with Associated Press, he can see no reason to consider Budvar's sale. Budvar is in profits despite of the economic downturn.

Anheuser No More Interested In Buying Budvar

Anheuser-Busch InBev SA/NV (ENXTBR:ABI) said that it is no longer interested in the acquisition of Budejovický Budvar, n.p. Frank Hellwig, Legal Director of Anheuser-Busch said, "We don't have any plans, or intention, or desire to buy Budvar." Hellwig said that such an acquisition, which it had considered in the past, doesn't make commercial sense since InBev is doing well registering its Budweiser brand in new countries despite the dispute.

Czech Brewer Budvar Wins UK Trademark Legal Battle with Anheuser-Busch

Budejovicky Budvar claimed victory in a legal battle with Anheuser-Busch in the UK after the British Supreme Court ruled that the two companies may use the Budweiser brand name in the country. The court turned down a request by Anheuser-Busch to overturn a ruling by the Court of Appeal that in July 2012 Budejovicky Budvar should keep the right to the name. The court's decision follows a ruling by the European Court of Justice from September 2011 also allowing the two companies to use the brand name since customers in the UK are well aware of the difference between Budvar's beers and those of Anheuser-Busch.

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