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Ottakringer: Hungary Lowers Profits
The Austrian beer producer achieved stable results in 2011. The Hungarian brewery Pécs reports losses, however.
Ottakringer: Hungary Lowers Profits / Picture: © Vindobona.org
According to Ottakringer, all segments achieved “satisfying or extraordinarily good results”. Only the Hungarian brewery Pécs lowered Ottakringer´s profits. Due to the economic uncertainties and the weak consumption situation, the Hungarian market does not offer satisfying results this year for Ottakringer. Moreover, Ottakringer complains about the high tax level.
The…
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