International Internet Magazine. Baltic States news & analytics
Thursday, 05.03.2015, 22:14
The plan of the Tallinn city government to ban the retail sales of alcohol on Sundays will be postponed because two alcohol retail companies have disputed the city government's decree in court and seek legal protection, LETA/Public Broadcasting reports.
Keyword tags: Alcohol, Estonia, Legislation, Markets and Companies, Retail
Amber Beverage Group, the leading wine and spirits company in the Baltic countries and part of SPI Group, is expanding its partnership with Beam Suntory, the world’s third largest premium spirits company, reported BC head of communications at Amber Beverage Group Dana Hasana.
Joint-stock alcoholic beverages producer Latvijas balzams turnover increased 4.8% in 2014, amounting to EUR 73.7 million, according to the company's unaudited financial statement submitted to "NASDAQ OMX Riga", cites LETA.
The canned and plastic-bottled cocktail "Cesu Dzons" was the most popular alcoholic beverage in Latvia in 2014, reports LETA, according to the State Revenue Service's data.
According to information from the State Revenue Service, 34% less beer was produced in Latvia in 2014, reports LETA.
Tallinn Administrative Court did not satisfy alcohol producer Liviko's initial request for legal protection, which attempted to stop the steps competitors Estonian Spirit OÜ and Remedia had taken to register "Estonian Vodka" as a geographical indication, LETA/Public Broadcasting reports.
Estonian Agriculture Minister Ivari Padar signed a decree, which shall submit to the European Commission an application for registration of a geographical indication (GI) Estonian Vodka; if the application is approved, Estonia will get its first GI product, the agriculture ministry announced LETA.