Alcohol

International Internet Magazine. Baltic States news & analytics Tuesday, 24.01.2017, 04:59

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Estonia lost EUR 10 mln due to border trade in 2016

Estonia lost EUR 10 mln due to border trade in 2016

17.01.2017

Last year Estonia lost 10 mln euros in taxes as a result of low-alchol drinks being brought across the border, the Estonian Breweries Association said LETA/BNS.

Keyword tags: Alcohol, Estonia, Financial Services, Latvia, Retail, Taxation



Alcoholic drink prices in Lithuania set to rise next March due to sharp excise hike

Alcoholic drink prices in Lithuania set to rise next March due to sharp excise hike

22.12.2016

he excise tax rate for strong alcoholic beverages will rise by 23 percent next March and that for wine and beer will surge by up to 112%, which will drive drinks prices up by up to 1 euro per bottlel, writes LETA/BNS.

Buses to take Finns to booze stores on Estonian-Latvian border from Tallinn harbor

Buses to take Finns to booze stores on Estonian-Latvian border from Tallinn harbor

14.11.2016

An operator, Raihan Group OU, is set to open regular once-weekly bus services from the passenger port of Tallinn to the Alko1000 alcohol stores on the Latvian side of the Estonian-Latvian border in Valka and Ikla on Saturday, writes LETA/BNS.


Sales of Pernod Ricard Latvia alcohol wholesaler rose 16.5% in FY

Sales of Pernod Ricard Latvia alcohol wholesaler rose 16.5% in FY

11.11.2016

Pernod Ricard Latvia alcoholic beverages wholesaler in the past financial year that lasted from July 1, 2015, until June 30, 2016, posted EUR 15.873 mln in sales, which is by 16.5% more than a year ago, while the company’s profit rose several times to EUR 128,805, according to Firmas.lv business database.

Valmiermuizas Alus brewery doubles sales in Estonia

Valmiermuizas Alus brewery doubles sales in Estonia

09.11.2016

In the first nine months of this year, Valmiermuizas Alus brewery doubled its sales in Estonia and is now planning to start shipping beer to Finland by the end of 2016, the company's co-owner and management board member Aigars Rungis told LETA.


08.11.2016

Lithuania’s Martynas Pravilonis named Best Baltic Sommelier

Friday 4 November saw Lithuania’s Martynas Pravilonis named the best sommelier in the Baltic States at the Vana Tallinn Baltic Sommelier Grand Prix in the Latvian capital Rīga. The exciting final saw Lithuania’s Narimantas Miežys take 2nd place, while Latvia’s Agnese Meiersone finished in 3rd place. Estonia’s Marika Tikas was named Best Young Sommelier.

27.10.2016

Sales of Estonian beverage maker A. Le Coq up 3.7 % in 9 mos

Sales of the Estonian beverage maker A. Le Coq in the first nine months of the year grew 3.7% to 61.7 mln euros and the beverages sold by the company increased 0.3% to 97 mln liters, reports LETA/BNS.

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