Alcohol

International Internet Magazine. Baltic States news & analytics Friday, 20.10.2017, 22:48

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Estonia to receive EUR 80 mln less than expected in alcohol tax in 2018

Estonia to receive EUR 80 mln less than expected in alcohol tax in 2018

11.10.2017

Alcohol excise duty will bring some 80 million euros less than estimated by the Ministry of Finance into the Estonian state coffers next year, and already this year inflow of revenue from alcohol excise duty is smaller in absolute terms despite a steep rise in the rates of the tax, the Estonian Institute of Economic Research says, cites LETA/BNS.

Keyword tags: Alcohol, Estonia, Financial Services, Legislation, Markets and Companies, Taxation



Amber Beverage Group invests in development of premium tequila, Rooster Rojo brand

Amber Beverage Group invests in development of premium tequila, Rooster Rojo brand

28.09.2017

Amber Beverage Group, producer and distributor of alcoholic beverages in the Baltic states, has invested more than EUR 200,000 in development of premium tequila brand Rooster Rojo in Mexico, the company’s representative Dana Hasana reported LETA.

Estonian court closes proceeding regarding people tried in Liviko competition case

Estonian court closes proceeding regarding people tried in Liviko competition case

25.09.2017

People tried on competition related charges in a case centered on the Tallinn-based alcohol producer Liviko will escape sentences as the court at the end of last week terminated criminal proceedings with regard to them due to lack of public interest, reports LETA/BNS.


1/3 Estonian residents have bought alcohol in Latvia in 2017

1/3 Estonian residents have bought alcohol in Latvia in 2017

28.08.2017

One in three Estonian residents aged 18-74 have either bought alcohol in Latvia themselves or have had it brought for them from that country in 2017, Postimees said citing a survey by Kantar Emor, cites LETA/BNS.

Small breweries account for 21% total amount of beer produced in Latvia

Small breweries account for 21% total amount of beer produced in Latvia

21.08.2017

Latvia's small breweries produced 9.68 million liters of beer in the first six months of the year, which makes up 21% of the total amount of beer produced in Latvia in the first half-year, writes LETA, according to the State Revenue Service's data.


18.08.2017

Revenue of Estonian A. Le Coq increased by 6% in H1

The sales revenue of the Estonian beverage maker A. Le Coq in the first six months of this year increased 6% on year to 43.8 million euros, while the volume of beverages sold by the company grew 3.1% to 67.2 million liters, reports LETA/BNS.

18.08.2017

Latvian beer output grew by 12.4% in H1

During the first six months of 2017 Latvian breweries produced 45.995 million liters of beer, which was 12.04% more than in the same period last year, writes LETA, according to the information from the Excise Goods Administration of the Latvian State Revenue Service.

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