Alcohol

International Internet Magazine. Baltic States news & analytics Monday, 21.08.2017, 09:43

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Small breweries account for 21% total amount of beer produced in Latvia

Small breweries account for 21% total amount of beer produced in Latvia

21.08.2017

Latvia's small breweries produced 9.68 million liters of beer in the first six months of the year, which makes up 21% of the total amount of beer produced in Latvia in the first half-year, writes LETA, according to the State Revenue Service's data.

Keyword tags: Alcohol, Latvia, Markets and Companies



Revenue of Estonian A. Le Coq increased by 6% in H1

Revenue of Estonian A. Le Coq increased by 6% in H1

18.08.2017

The sales revenue of the Estonian beverage maker A. Le Coq in the first six months of this year increased 6% on year to 43.8 million euros, while the volume of beverages sold by the company grew 3.1% to 67.2 million liters, reports LETA/BNS.

Latvian beer output grew by 12.4% in H1

Latvian beer output grew by 12.4% in H1

18.08.2017

During the first six months of 2017 Latvian breweries produced 45.995 million liters of beer, which was 12.04% more than in the same period last year, writes LETA, according to the information from the Excise Goods Administration of the Latvian State Revenue Service.


Turnover of Aldaris brewery drops by 1.5% in 2016

Turnover of Aldaris brewery drops by 1.5% in 2016

15.08.2017

Latvian brewery Aldaris closed 2016 with EUR 25.857 million in turnover, down 1.5% from a year before, while its losses expanded by 21.6% year-on-year to EUR 3.178 million, writes LETA, according to information available at Firmas.lv.

Latvijas Balzams launches new product - Riga Black Balsam Cherry

Latvijas Balzams launches new product - Riga Black Balsam Cherry

04.08.2017

The Latvian producer of alcoholic drinks Latvijas Balzams has added a new product to its Riga Black Balsam line - Riga Black Balsam Cherry, informs LETA.


31.07.2017

Alcohol sales down in Lithuania but too early for conclusions

Excise duty results published by the Lithuanian State Tax Inspectorate signal a decline in alcohol sales and possibly consumption, however, experts say that the information is insufficient for credible conclusions, as they do not cover the impact of illicit alcohol and alcohol purchased abroad, informs LETA/BNS.

27.07.2017

Jobs in Latvian beer industry may decline by 30%

If the Latvian parliament today approved the proposal for a 50% increase of excise tax on beer, the number of job in the beer industry may decline by some 30%, affecting employment in particular in the rural areas, the Latvian Union of Breweries said, cites LETA.

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