Alcohol

International Internet Magazine. Baltic States news & analytics Friday, 25.04.2014, 00:18

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Nearly 80% Finnish tourists buy alcohol from Estonia

Nearly 80% Finnish tourists buy alcohol from Estonia

23.04.2014

79% all Finnish tourists visiting Estonia buy alcohol from Estonia to take back home; they spend an average of 122 euros per buyer for that, a study by TNS Emor indicates, LETA/Postimees Online reports.

Keyword tags: Alcohol, Estonia, EU – Baltic States, Markets and Companies, Retail



Alcohol consumption of Estonians decreased in 2013

Alcohol consumption of Estonians decreased in 2013

22.04.2014

Estonian Market Research Institute (EMRI) alcohol market study indicates that the alcohol consumption of Estonian inhabitants decreased slightly in 2013, LETA/Public Broadcasting reports.

Possible limitation of alcohol export to Finland to affect Estonian producers

Possible limitation of alcohol export to Finland to affect Estonian producers

15.04.2014

Estonian producers of alcoholic drinks follow plans of Finnish parliament to limit the volume of alcohol, produced in the European Union (EU) and brought to Finland, which might influence Estonian producers, the Estonian national broadcasting ERR reports referring to the local press.


Alita's shareholders approve 4,046 thousand litas profit

Alita's shareholders approve 4,046 thousand litas profit

11.04.2014

The annual general meeting of shareholders of the Lithuania-based company, the producer of alcoholic drinks Alita approved its profit and loss account, according to which its net profit reached 4,046 thousand litas, the company said in a statement to the NASDAQ OMX Vilnius.

Latvijas Balzams will export a gold-filtered sparkling beverage

Latvijas Balzams will export a gold-filtered sparkling beverage

08.04.2014

Continuing development of innovative products, Latvijas Balzams has launched a new brand – sparkling alcoholic beverage "Cosmopolitan Diva", which is pro-duced using the unique technology of gold-filtration for the first time. In total 22 thousand euros were invested in the development of the new product, consumers’ research and creation of website.

25.03.2014

Estonia’s alcohol industries may have to close plants for months because of excise tax increase

Janek Kalvi, manager of Estonia's biggest strong alcohol producer Liviko, and head of Estonian Alcohol Producers Association, said that alcohol industries may have to close their plants for months if the new coalition implements the promised 15% alcohol excise tax increase next year, LETA/Postimees Online reports.

14.03.2014

Altia's sales revenue in Estonia grew by 6% in 2013

Estonia's second largest alcohol producer Altia Eesti AS saw its sales revenue grow by nearly 6% in 2013 to 32.5 million euros, LETA/Äripäev.ee reports.

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