Senior personnel change at Habeco

September 04, 2017 | 10:28

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Carlsberg Breweries A/S has introduced its new representative for a vacancy on the Board of Directors of Hanoi Beer, Alcohol and Beverages Corporation (Habeco), aiming to increase its controlling rights.

Strategic shareholder Carlsberg changes representative on the Habeco Board of Directors

According to newswire Dantri, Carlsberg Breweries A/S, the foreign strategic partner of Habeco, has submitted a document to Habeco to introduce general director of Carlsberg Vietnam Stefano Clini to the Board of Directors of Habeco to replace Soren Ravn, who stopped working at Carlsberg Breweries A/S in late August.

Soren Ravn, Carlsberg Breweries A/S’ previous representative, left the company on August 31, 2017 to spend more time with his family in Malaysia.

Habeco has submitted the documents, including Carlsberg’s proposal, to the Ministry of Industry and Trade (MoIT) for approval.

Previously, Habeco Board of Directors issued a decision to suspend the management rights of general director Nguyen Hong Linh. The decision has been effective since August 21. Ngo Que Lam, deputy general director of Habeco replaced Linh with immediate effect.

Accordingly, Linh will focus on resolving problems related to the state’s divestment from Habeco.

In 2008, Carlsberg became a strategic partner of Habeco by buying more than 17 per cent of the stakes. Carlsberg expressed its interest in buying a further 13 per cent, but the deal yet again hinges on the approval of MoIT.

Carlsberg Vietnam currently ranks fourth on the list of Vietnam’s largest brewers, with a 7 per cent market share, following Habeco with 18 per cent of market share.

Carlsberg intends to turn Vietnam into one of its key Asian markets to cash in on the lucrative local beer market. Along with the plan to increase its holding in Habeco, Carlsberg Vietnam is looking to introduce new product designs to boost its footprint.

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