Alcohol

International Internet Magazine. Baltic States news & analytics Sunday, 17.02.2019, 22:36

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Estonia: Linda Nektar enters into market making agreement with LHV

Estonia: Linda Nektar enters into market making agreement with LHV

14.01.2019

The listed Estonian beverage company Linda Nektar AS has entered into an agreement with AS LHV Pank to undertake market making in its shares, informed LETA/BNS.

Keyword tags: Alcohol, Banks, Financial Services, Markets and Companies



Retail chain Alko1000 planning to expand to Riga, Tallinn in 2019

Retail chain Alko1000 planning to expand to Riga, Tallinn in 2019

11.01.2019

The low-cost retail chain Alko1000 operating near the Estonian-Latvian border and in towns across South Estonia is planning to expand to Riga and Tallinn this year, accordgin the daily Postimees reports LETA/BNS.

Baltic States spend highest share of household expenditure on alcohol in EU

Baltic States spend highest share of household expenditure on alcohol in EU

02.01.2019

n 2017, households in the European Union (EU) spent 1.6% of their total consumption expenditure on alcoholic beverages. This represents a total expenditure of over €130 billion, equivalent to 0.9% of EU GDP or over €300 per EU inhabitant. It should be noted that this does not include alcoholic beverages paid for in restaurants and hotels, informed Eurostat.


Amber Beverage Group and AC/DC rocks the market with the new Thunderstruck Tequila

Amber Beverage Group and AC/DC rocks the market with the new Thunderstruck Tequila

21.11.2018

Together with the legendary Australian rock band AC/DC, Amber Beverage Group (ABG) is launching Thunderstruck Tequila® to rock the market as the third of ABG’s new premium tequila brands, ABG representative informed BC.

Somersby most popular alcoholic beverage in Latvia

Somersby most popular alcoholic beverage in Latvia

16.11.2018

In the first nine months of the year, the Somersy brand cider produced by joint-stock Cesus Alus was the most popular alcoholic beverage in Latvia, according to information from the State Revenue Service writes LETA.


14.11.2018

Wine production and trade in the EU

This week wine lovers will be celebrating Beaujolais Nouveau day (15 November) – so it is an appropriate time to look at the latest data on the major wine exporters and importers in the European Union (EU). In 2017, the sold production of wine (including sparkling wine, port and grape must) in the EU was 14.6 billion litres. The largest wine producers were Spain, Italy and France, followed by Portugal, Germany and Hungary, informed Eurostat.

14.11.2018

Estonian industry body calls for lowering excise duty on strong, low-alcohol beverages

The Estonian Association of Alcohol Producers and Importers, a body bringing together sellers of wine and strong alcoholic beverages, says that the state's excise duty policy in the next four years should seek to establish tax peace and the excise duty rates for both low-alcohol beverages and strong alcohol should be lowered proportionally, informed LETA/BNS.

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