Tunnel vision, two centuries on

Article Abstract:

The main role of Eurotunnel finance director Graham Corbett is overseeing the daily operation of the firm's tax, administration, and treasury departments and handling relations with the consortium of approximately 200 banks that are financing the tunnel project across the English Channel. Eurotunnel is an Anglo-French company with two holding companies, Eurotunnel PLC and Eurotunnel SA. The two holding companies have identical sets of shareholders and share combined reporting and a management team. During Corbett's time with Eurotunnel, the firm has struggled with managing the finances of the project. Corbett will present a new financing package to the banking consortium for one billion pounds sterling predicated upon the condition that shareholders raise another 500 million pounds sterling. Corbett believes that the project will be a success and expects it to capture a large share of the transportation market from the UK to the European continent.

Officials and employees, Corbett, Graham, Eurotunnel PLC, interview

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No small beer from this SA giant

Article Abstract:

South African Breweries (SAB) completely dominates the South African beer market and is the fourth largest brewery in the world. Even though it is a monopoly, holding 98% of its home market, the 102-year-old company does not manifest the bad habits of other monopolies, such as inefficiency, slow growth, poor management and high prices. Instead, its production costs are much lower that those of any other beer company in the industrialized world. SAB is also achieving success in international markets, particularly in Hungary, Poland and Romania where it is the largest beer maker. Its global expansion strategy involves partnering with local companies that understand the local market and its players. It also uses a 'third world' approach, buying up existing local brands and relying on complex distribution systems that include donkeys and carts.

Beer & Other Malt Beverages, Breweries, Malt beverages, South Africa, Brewing industry, South African Breweries Ltd.

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In the best seat of the property rollercoaster

Article Abstract:

Henderson Land is one of the most successful players in Hong Kong's rollercoaster real estate market. The company reported an impressive 50% profit growth or HK$6.03 billion in 1994 and a still-respectable 16% profit growth translating to HK$1 billion in 1995. Henderson also managed to boost the trading value of its stock from just HK$1 in the early 1980s to HK$46 in 1995. Colin Lam, Henderson vice chairman and head of investor relations, credits chairman and managing director Dr. Lee Shau Kee with the company's success despite the market's frequent upturns and downturns. Lam claims that Lee has a knack for selecting the market turns for identifying the projects that will generate the best returns in the future. Henderson is so successful that its every move is being closely monitored and sometimes even copied by its competitors.

Land Subdivision and Land Development, Subdividers & Developers, Subdividers and Developers, Real estate industry, Hong Kong, Henderson Land Development Company Ltd.

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