Valjevska Pivara (Serbian: Ваљевска Пивара), or Valjevo Brewery, is a Serbian brewery based in Valjevo.

Valjevska Pivara
Native name
Ваљевска Пивара
Company typed.o.o.
IndustryBeverages
Founded28 February 1952; 72 years ago (1952-02-28)
First founded in 1860
Headquarters,
Area served
Serbia
Key people
Aleksandar Rajevac (Director)
ProductsBeers, soft drinks, vinegar and yeast
Production output
100,000 hl (2015)
RevenueDecrease 4.24 million (2018)[1]
Decrease (€0.49 million) (2018)[1]
Total assetsDecrease €8.48 million (2018)[2]
Total equityDecrease €7.90 million (2018)[2]
OwnerGovernment of Serbia (100%)
Number of employees
197 (2018)
Websitevaljevskapivara.rs

History

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The origins of Valjevska Pivara trace back to 1860 and in current form it operates since 28 February 1952.[citation needed]

In 2003, Valjevska Pivara was sold to consortium "Atlas Grupa" for 22 million dinars.[3] In July 2010, the company went into bankruptcy procedure due to insolvency and in January 2011 the Government of Serbia took over it by converting its debts to shares.[3]

As of February 2016, Valjevska Pivara was the sole government-owned brewery in Serbia that operated positively,[4] although it has minor market share compared to Carlsberg Srbija, Apatin Brewery and Heineken Srbija.

In October 2018, the Ministry of Economy of Serbia auctioned Valjevska Pivara for 7.05 million euros, but there were no interested parties.[5] On 17 January 2019, in a second auction, the brewery was sold for 3.5 million euros to the Serbian newly established company "Brauerei Group".[6]

References

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  1. ^ a b "БИЛАНС УСПЕХА (2018) - Valjevska Pivara d.o.o." apr.gov.rs (in Serbian). Retrieved 2 November 2019.
  2. ^ a b "БИЛАНС СТАЊА (2018) - Valjevska Pivara d.o.o." apr.gov.rs (in Serbian). Retrieved 2 November 2019.
  3. ^ a b "Valjevsku pivaru preuzima država". novosti.rs (in Serbian). Beta. 31 January 2011. Retrieved 10 October 2018.
  4. ^ Vlaović, G. (11 February 2016). "Valjevska pivara jedina opstaje". danas.rs (in Serbian). Retrieved 10 October 2018.
  5. ^ "NIJE STIGLA NIJEDNA PRIJAVA Valjevska pivara bez kupca". blic.rs (in Serbian). Tanjug. 10 October 2018. Retrieved 10 October 2018.
  6. ^ P., B. (17 January 2019). "Valjevska pivara prodata za 3,5 miliona evra". novosti.rs (in Serbian). Retrieved 21 January 2019.
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