Alcohol

International Internet Magazine. Baltic States news & analytics Saturday, 21.09.2019, 08:19

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Latvia: Competition Council has allowed Cido Grupa to acquire Bauskas Alus shares

Latvia: Competition Council has allowed Cido Grupa to acquire Bauskas Alus shares

20.09.2019

The Competition Council has decided to allow an acquisition, providing that Lacplesa Alus brewery, a member of Cido Grupa, acquires Bauskas Alus brewery and its wastewater treatment company Ruta M, LETA learned from the Competition Council.

Keyword tags: Alcohol, Latvia, Markets and Companies, Mergers and take-overs



Finns' alcohol purchases in Estonia up on year in July

Finns' alcohol purchases in Estonia up on year in July

22.08.2019

Finns imported a total of 4.7 million liters of alcoholic beverages from Estonia in July, 1.4 million liters more than in the same period last year, according to the Finnish public broadcaster Yle reports informed LETA/BNS.

Small breweries accounted for 26.4% of Latvia’s total beer output in H1

Small breweries accounted for 26.4% of Latvia’s total beer output in H1

22.08.2019

In the first six months of this year, Latvia’s small breweries produced 11 million liters of beer, which is 26.4 % of Latvia’s total beer output, according to the excise goods data released by the State Revenue Service writes LETA/BNS.


Estonian shipper Tallink interested in liquor business at Singapore's Changi Airport

Estonian shipper Tallink interested in liquor business at Singapore's Changi Airport

05.08.2019

According to The Moodie Davitt Report, listed Estonian shipper Tallink has expressed interest in entering liquor and tobacco business at Singapore's Changi Airport, writes LETA/BNS.

The effect of lower excise on alcohol will depend on shopkeepers

The effect of lower excise on alcohol will depend on shopkeepers

05.07.2019

Consumer prices were on average 2.4% higher in June than a year earlier. Inflation, which had been 3.1% in May, was brought down by energy prices rising more slowly. Prices will start to be affected in July by the cut in the rate of excise on alcohol.


26.06.2019

Lithuania won't get into 'excise wars' with Estonia, Latvia, finance minister says

Lithuania has no intention of following in the footsteps of Estonia and Latvia by cutting excise taxes on alcoholic drinks, Finance Minister Vilius Sapoka said LETA/BNS.

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