International Internet Magazine. Baltic States news & analytics
Monday, 30.05.2016, 06:04
Although results of a fresh study by the Estonian Institute of Economic Research published on May 20th show that alcohol consumption has declined in Estonia, data published by National Institute for Health Development show that the number of deaths as a result of alcohol consumption remains on the same level, informs LETA/BNS.
Keyword tags: Alcohol, Analytics, Estonia, Health, Markets and Companies
In Estonia, 13.8 liters of absolute alcohol was consumed per adult resident in 2015, 7% less than in the year before, the annual overview of the Estonian Institute of Economic Research shows, cites LETA.
A group of activists on May 16th, 2016 handed more than 61,000 signatures in support of a legislative initiative aimed at cutting alcohol consumption in Lithuania over to the Central Electoral Commission, reports LETA/BNS.
Lithuania's second-biggest beer producer Kalnapilio-Tauro Grupe (Kalnapilis-Tauras Group), which is owned by Denmark's Royal Unibrew, posted revenues of 10.67 million euros in the 1st quarter of 2016, down by 2.3% year-on-year, reports LETA/BNS.
The joint-stock Valmiermuizas Alus brewery achieved EUR 3.84 million in turnover in 2015, which was 13% more than the previous year, when the company achieved EUR 3.39 million in turnover, the company's co-owner Aigars Rungis informed LETA.
The Tallinn administrative court on April 27th, 2016 did not allow an appeal submitted by Taco Express OU in connection with a decision of the Tallinn city government to impose economic activity restrictions on bars mainly situated on Suur- Karja Street in the Old Town, informs LETA/BNS.
The profit of the alcohol producer Altia Eesti AS declined 43% year over year to 916,633 euros in 2015, which the company attributed to the higher excise tax, informs LETA/BNS.