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Thursday, February 12, 2009

Budvar Volume Up 4.5 Percent

Budejovicky Budvar, the state-run Czech brewery, said its annual production surged by 4.5 percent in 2008 in the face of the global economic crunch.

The company said it sold 34.7 million gallons of beer, up 1.6 million gallons from 2007. Exports by the company were down about 1 percent during the same time frame. The company was coming off a record year of foreign sales.

Budvar is exported to 54 countries. In the U.S., because of a long running trademark dispute over the Budweiser brand name, the brand is sold as Czechvar.

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