European Drinks to double capacity

European Drinks Group plans to double the production capacity of its brewery prompted by the better-than-expected results in its first year since entering the market, industry sources say. The company is currently the fourth leading player on beer market. European Drinks chairman, Ioan Micula, declined to comment on the information. “I will not comment on the possible doubling of our production capacity. We’re keeping our plans for next year to ourselves and will only reveal them at the right time,” says Micula. European Drinks invested more than 40 million euros in building the brewery in Draganesti, Bihor County, which has an annual capacity of one million hectolitres. “Sales were much better then we had expected this year. We exceeded the planned output by 10%,” Micula added. ZF