Efes Beverage Group

The head of Turkey’s top brewery Anadolu Efes has said he had not suggested a tax for “homebrewed beer,” adding that this trend is actually good in order for the beer industry to achieve further growth.

Brewers Anheuser-Busch InBev and Anadolu Efes have agreed to merge their businesses in Russia and Ukraine, following years of decline in the Russian beer market due to tighter regulation.

Turkey's leading brewer Anadolu Efes has said it is suspending its brewing operations at a factory in central Istanbul and transferring these operations to other facilities, after the factory was "trapped in the city center" with rapidly expanding urbanization. 

Coca-Cola İçecek (CCI) said in a statement on March 30 that it plans to open its 10th plant in Turkey, in the southern province of Isparta, with a 110 million Turkish Lira ($30.1 million) investment. 

The plant is expected to be fully operational in the second quarter of 2017, according to the statement. 

Turkey's largest beer maker Anadolu Efes has announced that Robin Michael Goetzsche, who has been serving as its president and CEO since November 2015, will be leaving his position as of Dec. 31.

A statement to the Public Disclosure Platform (KAP) on Nov. 21 said Goetzsche will be leaving due to personal reasons. 

On its 25th anniversary the European Bank of Reconstruction and Development (EBRD) is celebrating its successful work with Turkish companies in Turkey and beyond in a written statement on April 22. 

Russia has excluded a total of 10 Turkish brands, including Colin's, LC Waikiki and Anadolu Efes, from a list of sanctioned Turkish companies, daily Habertürk has reported. 

British brewer SABMiller, fresh from agreeing to a vast $121-billion takeover from global leader Anheuser-Busch InBev, posted sliding first-half net profits on Nov. 12 on the back of the strong dollar.

Dramatic losses in Kazakhstan?s currency, the tenge, after the country?s transition to a free floating rate may negatively affect a number of Turkish companies that are very active in the country, according to analysts. 

The Competition Board has approved a "conditional" sale of a 40 percent stake in retail chain Migros in Turkey, after a complaint filed by Tuborg, the group's competitor in the brewery sector, upon competitiveness principles, according to sources.