According to Luís Correia, Sodiba's CEO, the company has "made a path of growth" and has had good results, however "without the capacity of the shareholders to support, the risk of collapse will be a reality in the short term".
"Sodiba is a company in need of investment and where the engineer Isabel dos Santos has injected over the last few years billions of kwanzas to support operating deficits, strengthen working capital and guarantee investment. Significant sums were invested in marketing and, in the last year, more than two billion kwanzas in crates and bottles to reinforce the presence in the returnable format", she adds, quoted by Valor Económico.
Luís Correia also revealed that Sodiba will probably only be able to manage itself for the year without the help of investors. In 2021 "it will have a cash-flow generation that will allow it to meet all its financial investment needs. In the current climate, what is foreseen in the budget and business plan is the support of the shareholders until the end of next year", he said.
Sodiba was inaugurated at the end of 2016 and has started producing the Portuguese brand Sagres beer. In November 2017 it launched Luandina.
