Austria: Ottakringer Brauerei nearly doubles turnover in Jan-June this year (E-Malt.com)
Austrian brewer Ottakringer Brauerei AG has nearly doubled its turnover in the first six months of 2010, FlexNews reported on September, 1.
The Vienna-based company said that its turnover grew from 40.3 million euro in H1 2009 to 80.4 million euros in H1 2010.
The company said that the main reason for such growth was the integration of mineral water company Vöslauer Mineralwasser AG, which was acquired last year.
In addition, Ottakringer said demand for beer improved this year after a decline in 2009, which followed strong demand in 2008 when Austria co-hosted the European football tournament, Euro 2008.