The Czech government has decided not to take what might have been the first step toward selling the Budejovicky Budvar brewery, the Prague Daily Monitor reports.
Prime Minister Mirek Topolanek said there on no current plays to privatize the brewery. “This is no privatisation,” he said, adding that transforming the brewery into a joint-stock company would take about 12-18 months.
He also dismissed speculation that his adviser Marek Dalik is in talks with US brewing giant Anheuser-Busch.
An earlier story.