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Old Bavaria brewery factory in San Diego, Bogotá. 

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FIRST STEPS:
The brothers Leo Siegfried and Emil Kopp Koppel, from Germany, arrived in Santander, Colombia in 1876. Three years later, they associated with Santiago and Carlos Arturo Castello and formed the Kopp y Castello society in Bogotá, who in 1889 acquired land for the construction of a brewery. This transaction is considered the founding event of Bavaria.

FOUNDATION:
In 1890, Kopp y Castello was dissolved, Bavaria Kopp’s Deutsche Bierbrauerei started, and the San Diego plant was inaugurated, in downtown Bogotá.

GROWTH:
In 1913 the Barranquilla Brewery was inaugurated and the most valuable brand of porfatolio was created: Águila.

ALLIANCES:
In 1930, when Handel and Cervecería Continental de Medellín joined together, the Consorcio de Cervecerías Bavaria was created, which would incorporate the Colombiana de Cervezas de Manizales and its Póker brand, as well as other breweries in Santa Marta, Cali, Pereira and Honda.

EXPANSION:
After the construction of the Duitama Plant (1943) and the purchase of the Cúcuta Brewery (1944), the construction of new factories began in Bucaramanga, Girardot, Buga, Villavicencio, Neiva, Ibagué and Armenia that would come into operation between 1948 and early 1950s.

CONSOLIDATION:
In 1967, in exchange for his own shares, Julio Mario Santodomingo became the owner of the Barranquilla y Bolívar Brewery, creating with this operation the Águila SA Brewery. This was fundamental for the consolidation of Bavaria.

GRAND OPENING:
On January 31, 1973, a new plant was inaugurated in Bogotá, a complex called Complejo Industrial de Techo and the old factory on Calle 28 (San Diego) was closed, where, years later, the Parque Central Bavaria complex would be built.

INTERNATIONALIZATION:
In 2001 the National Brewery of Panama was acquired. The following year operations began in Peru with UCP Backus & Johnston, and in 2004 the process of acquiring Cervecería Leona, which began in 2000, was completed.

BAVARIA & SAB MILLER:
On July 18, 2005, the merger agreement was signed between the Bavaria Business Group and SABMiller PLC, the second largest producer of beers and beverages in the world.

BAVARIA TODAY:
Since October 2016, Bavaria has been an active part of ABInBev, an organization with operations in almost all beer markets and an expanded portfolio that includes global, multi-country and local brands to offer more options to consumers.

Today Bavaria is the main beverage company in the country and one of the brands with the longest tradition in Colombia. With more than 130 years of history, they stand out for the quality of their products and their contribution to sports, the preservation of the environment, the progress of communities and Colombian entrepreneurship.

Retrieved from: https://www.bavaria.co/acerca-de-nosotros/historia-bavaria#:~:text=Bavaria%20en%20la%20actualidad,m%C3%A1s%20opciones%20a%20los%20consumidores.

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BAVARIA TRANSFORMS ITS CULTURAL CORPORATION

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BAVARIA TRANSFORMS ITS CULTURAL CORPORATION

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With more than 128 years of existence in the market and being as well one of the biggest references in colombian history, Bavaria S.A has come a very long way  providing families memorable moments through their beverages and some of the most iconic ones that we still enjoy today like: Club Colombia, Aguila, Costeña, Pony Malta, just to name a few. But with all the changes that Bavaria S.A has been having it's even more than obvious that there has to be changes in their company's internal decisions; by the hand of Ricardo Moreira who is the president of the copec zone which includes countries like: Colombia, Peru and Ecuador. He wanted to start in 2016 with the implementation of a more modern image of the company, a more relaxed way to bring in more clients so that they can feel more comfortable buying their beverages, providing a sign of relaxation with no boundaries; so that no one can feel excluded. To start off with this new way of design thinking, Ricardo designed in their main official factory a new image of providing clients with the company's history, showing the way that was started and by the way excellent prices for all types of economic classes. This new way of branding as well as reforming a new image has helped to even bring more ways of marketing in the implementation of promotions that has even increased their sales and provided new ideas. Another important thing to mention about this and which has affected every single company in the national area was due to COVID-19, in a personal opinion we never believed that commun products in a families home such as the category of beverages would be so affected; the reason to this is the increase in unemployment with this having a direct relationship with increase in poverty.

Work Cited
PORTAFOLIO. Bavaria transforma su cultura corporativa. 2018. Portafolio, https://www.portafolio.co/negocios/empresas/bavaria-transforma-su-cultura-corporativa-518485.

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BAVARIA DONATES 1.000 MILLION COP FOR REOPENING OF BARS AND RESTAURANTS

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BAVARIA DONATES 1.000 MILLION COP FOR REOPENING OF BARS AND RESTAURANTS

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The year of 2020 has been complicated for everyone, involving not seeing your loved ones, maybe losing a job or even losing someone that is close to you due to a virus. But there is more to it, this brought a huge economic crisis to Colombia and as well one of its biggest power houses like Bavaria S.A. With just minimum sales in supermarkets nationwide, there has been more losses than gains cause like Bavaria is focused more in the selling and distribution of its alcoholic beverages in this scenario that is their Beer, their biggest sellers such as bars and restaurants, even small neighborhood business have been affected due to being closed and not being able to attend their demand. That is why Bavaria in August of 2020 took a big internal decision that involved donating 1.000 million of COP for the reopening of Bars and Restaurants in the country. This amount of money is huge compared to their loss/win ratio but in the end it helped to stop the company going down a downgrade hill. the other benefit on this donation is to help create more jobs and as well that their principle sellers are able to sell their products this program from Bavaria was called ¨ Ayuda a la Carta¨ additionally to this and as well as a response to covid, Bavaria created their own online catalog for each client without the need of a reservation.

Work Cited
BAVARIA. Bavaria aporta cerca de 1.000 millones de pesos para la reapertura de bares y restaurantes del país. 2020. Bavaria, https://www.bavaria.co/bavaria-reapertura-bares-restaurantes.

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CAPITAL BUDGET:

A capital budget is a financial forecast by which the difference between future investments and the resources that are needed to carry them out, it is about visualizing or predicting scenarios by which the company may or may not afford a certain volume or types investment.

The capital budget can determine the strategy of the company in the medium and long term, since the destination of the investments will depend on the need and the direction that you want to take, or that you want to give the company

Companies or large industries such as pharmaceuticals, food and health, manage too many risks that can harm the process or business continuity or that there are many problems along the way.

These such failures and problems are generated by not taking into account the risk something that can be avoided. For this reason, risk analysis becomes more important every moment since, thanks to this, better decisions are made, which help to reduce, avoid and transfer them. This analysis is known as decision-making analysis, which allows the person in charge of this task to have fewer errors.

When a risk analysis is analyzed, CEOs generate better decisions, allowing the company and its partners to approach success, and increase their wealth.

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Reducing financial risks in a business is not just a matter of knowing how to manage cash flow. Managing economic hazards should be part of an ongoing strategy in organizations.

The most used methods are:

1. Evaluation of commercial operations: This process refers to the need to constantly evaluate the production workflow to understand where the costs are.

2. Valuation of the profitability of investments: To identify and minimize risks, it is important to have as much information as possible and, furthermore, to guarantee its quality. In this way, the quantification of risks can be evaluated.

3. Prepare to cover the loss: You need to identify potential risks to know how to respond to a major loss.

4. Pluralize risk: Plan an investment portfolio to balance operations that are considered high risk with those of greater security.

5. Advance the future: Develop a database with accurate information to implement a business strategy marked by innovation. This factor will represent the opportunity to create new products or services, anticipate changes with respect to the market or new technologies, among others.

Financial risk can be identified by employing analytical tools that encourage more informed and accurate decisions. Although these hazards cannot be fully controlled, exposure to them can be limited or managed.

To conclude, we consider that it is not a question of whether or not to include risk in financial decisions, it is simply to work with it, this tool can prevent us from bad decisions, from generating losses, and possibly it takes us away by a high percentage Bankruptcy, as we mentioned earlier, is not simply about managing a company's cash flow.

We must be more visionary and we have as support a myriad of financial tools, which allow us to know the real financial status of a company. Regarding risk, it can be considered that it is important to include it in decision-making since it not only protects us from bad decisions, but also brings us a little closer to success, future business growth, and clearly to the increase in patrimonial wealth, which is finally the working capital of any company.

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ADVANTAGES OF RISK ANALYSIS FOR DECISION MAKING

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ADVANTAGES OF RISK ANALYSIS FOR DECISION MAKING

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How well we know most of the risks of these companies do not disappear.

For this reason, its characteristics and scope must be identified in order to know how to handle them. If intervened in the right way, they could be converted to profit from them. Performing an irrigation analysis with carries many advantages for decision making, why:

It guarantees the continuity of the business: When this analysis is not carried out, a great uncertainty is maintained since at any moment a problem could arise that slows or stops its activity a little.

Incorporate prevention into the culture of the company: This allows a culture of prevention to be fostered in all personnel, which will lead them to make the most correct or correct decisions.

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A brief about Bavaria's history

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#MenoresSinCerveza

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| Bavaria presenta mi sueño es posible testimonio de Ligia Gil

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¿Quieres saber cómo vivimos nuestra cultura #BeerOffice en Bavaria?