Oettinger boss predicts bankruptcy wave at German breweries

Augsburg-According to the Oettinger boss, the German beer industry is facing a bankruptcy wave in the coming years. “The breweries will fall off the wall like flying,” said Stefan Blaschak, the managing director of the Bavarian beverage manufacturer, the “Augsburger Allgemeine” (Tuesday). “The world of breweries crumbles, we see bankruptcies almost every day for the little ones, and the big meetings will also be made.”