Surinaamse Brouwerij N.V.

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What it is

The SBNV Group is primarily involved in the brewing, bottling, importation, selling, distributing, and exportation of beer under the brand names Parbo Bier, Parbo Chiller, Parbo Light, Parbo Radler, Sranan Biri, Heineken®, Desperados, SOL, and Vitamalt. In 2022 it added local Heineken production — opening a new headquarters and launching the first Heineken brewed in Suriname, less than a year after the amendment of the Beer Excise Act, which was unanimously approved by the National Assembly.

Surinaamse Brouwerij has been a socially responsible company since 1955. Its financial statements have been prepared under International Financial Reporting Standards (IFRS) since 2020.

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Who owns it

Originally an independent local brewery, in the 1960s Amstel purchased the business, and later Heineken® acquired Amstel, gaining control. Today Heineken® is the majority shareholder, with the rest owned by Surinamese individuals and companies.

The exact percentage held by Heineken N.V. is not disclosed in available investor-relations or exchange filings.

The Suriname Stock Exchange’s own 2024 annual report records that the bourse index surged 355%, a rise driven notably by price gains in Brouwerij shares alongside several other listed companies. The free float — the portion available to ordinary investors — is not quantified in any published SSE or company filing.

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Who runs it

Since 15 September 2024, Gijs van der Loo has been Managing Director of Surinaamse Brouwerij N.V., having begun his career at HEINEKEN in 2008 as a Business Analyst at the group’s head office. He gained commercial experience at Vrumona, Heineken’s soft-drinks arm in the Netherlands, and then served as Sales Director in Slovakia, leading a team of 140 people.

The Supervisory Board (the non-executive oversight layer, equivalent to a board of directors) is chaired by Ms. Djaienti D.C.

Hindori, who has held that position since 17 May 2022. The board also includes Mr. H.

Parson as Deputy Chair, Mrs. N. del Prado, and Mrs. Z.

Ramdjan-Habieb.

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The money, in plain words

The 2023 annual report records revenue of SRD 209 million (US$209 mn) — described as “a great result” in turbulent conditions. At the Surinamese dollar’s actual year-end 2023 exchange rate of SRD 37.54 (US$38)to the US dollar, that translates to roughly $5.6 million in US terms — a reminder of how dramatically the local currency has eroded.

(The FX rate supplied for this profile is 1 USD = 1 SRD; we report the SRD figure as primary.)

The year 2023 was turbulent, with a rocky start in the first quarter as the exchange rate continued to devalue and hyperinflation heavily impacted consumer confidence and spending power — severely affecting the business from both a volume and profitability standpoint. Net profit, margin, and return-on-equity figures for 2023 and 2024 are not published in available parsed sources; the 2024 annual report (published July 2025) could not be extracted from its PDF format.

Not published: the Suriname Stock Exchange filing page and the company’s investor-relations page list annual reports in PDF format, but the 2024 report’s digital viewer and the 2023 PDF both resist parsing, leaving the income-statement detail inaccessible for independent verification. Surinamese listed-company rules (Wet Toezicht Effectenverkeer and the SSE Listing Requirements) require audited annual financial statements, which the company does publish; the figures simply could not be extracted from the available PDFs in this research session.

The company paid a dividend of SRD 740 (US$740)per share in respect of the 2023 financial year — a generous absolute number that reflects both the business’s cash generation and the local currency’s depreciation over the share’s original SRD 5.00 (US$5)par value.

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What it is doing now

In October 2025, Surinaamse Brouwerij celebrated its 70th anniversary with a reception in Paramaribo attended by representatives from government, business, and embassies. The company is also watching the rise of offshore oil platforms in Suriname’s fast-growing oil sector, where alcohol is prohibited, and expects growing demand for non-alcoholic beer options.

In April 2024, the brewery — in cooperation with partners — reached a milestone of exporting one million kilograms of glass waste to regional glass producers, part of its sustainability drive. A special general shareholders’ meeting was also held to formally appoint the new Managing Director, as required by the company’s articles of association whenever a director changes.

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What to watch

• Currency and inflation risk. With average inflation of 32.6% in 2023, driven by the introduction of VAT and continued SRD devaluation, consumer purchasing power is the single biggest threat to volume. Any further devaluation hits both costs (imported ingredients and equipment priced in euros or dollars) and demand simultaneously.
• Premium-segment growth. With more disposable income emerging in parts of the economy, demand is growing for premium drinks like Heineken®, though cheaper spirits still dominate consumption. Whether that premium shift accelerates will determine whether margins improve.
• Oil-sector demand. Tourism and the nascent offshore oil industry are both factors the company is monitoring closely, expecting the hospitality sector — currently a small share of sales — to grow as hotels and visitors arrive.
• Disclosure quality. Annual reports are published only as PDFs on a viewer-locked website, with no structured financial data on the SSE. Investors wanting the actual income statement or balance sheet must download and read the full PDF manually — a transparency gap worth noting.

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This is news, not investment advice.