Trisha Shetty (Editor)

BIP (brewery)

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Joint-stock company

Industry
  
Beverages

Headquarters
  
Belgrade, Serbia

Number of employees
  
541

Total assets
  
22.52 million EUR (2013)

Traded as
  
BELEX: BIPB

Founded
  
1839

Revenue
  
12.53 million EUR (2013)

Net income
  
1.63 million EUR (2013)

Total equity
  
14.22 million EUR (2013)

BIP (brewery) httpsuploadwikimediaorgwikipediaenthumb9

Native name
  
Београдска индустрија пива

Products
  
Beers, soft drinks, vinegar and yeast

Owner
  
Privatization Agency (51.9%) Others (48.1%)

Beogradska industrija piva (abbr. BIP; full legal name: Beogradska industrija piva, slada i bezalkoholnih pića a.d. Beograd) is a brewery with headquarters in Belgrade, Serbia.

Contents

In addition to a range of beers, the brewery produces soft drinks, vinegar, and yeast.

History

The brewery was founded in 1839, although it operates under current name Beogradska industrija Piva since January 1963.

At one time, BIP had the largest market share of beer sales in Serbia, but lost ground to rivals back in 2000.

In July 2007, the brewery was sold to the consortium consisted of "United Nordic Beverages AB" and Alita for 26.5 million euros. In February 2010, the privatization was terminated, due to non-fulfillment of investment obligations. In October 2012, Privatization Agency of Serbia announced that it had won the case against the former owners, meaning they will have to pay 17 million euros in the name of compensation.

Market data

As of 18 August 2015, BIP has a market capitalization of 2.04 million euros.

References

BIP (brewery) Wikipedia