AmBev says that does not use crisis as excuse for performance

The President of Ambev, Bernardo Pinto Paiva, adopted on Monday, 23, a more optimistic and said that the company will continue investing in Brazil even with the adverse scenario in the Brazilian economy.
"We don't use the crisis as an excuse not to have performance", said, in the glass Field seminar, organized by the Brazilian Association of the industry of Beer (CervBrasil) in Sao Paulo.
According to him, the current economic crisis is fleeting, and he believes the country will grow in the coming years.
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P pointed out that the company invested 12.6 billion R$ in recent years in Brazil and that the group is prepared to continue investing in the country. However, no quoted values.
Heineken
At the same event, the President of Heineken in Brazil, Didier Debrosse, adopted the same tone and pointed out that the company has invested more than $ 1 billion in the country this year.
"We believe in the potential of emerging markets. Even with challenges, Brazil will emerge from the crisis faster than Europe came out, "he said.
In turn, the President of Brazil Kirin, Andre Salles, criticized what he called the legal insecurity in the country. "There is an excess of taxes for the Brewer in Brazil. More than 55% of the value of the product are enforced, "he said.