International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2019, 14:25
Italy's Etea Group is planning to build a facility in Lithuania's northern city of Panevezys to produce ethyl alcohol from residual materials from wheat processing, the business daily Verslo Zinios reported on Tuesday.
Keyword tags: Alcohol, EU – Baltic States, Good for Business, Industry, Investments, Lithuania, Markets and Companies
Estonian craft beer brewer Põhjala Brewery opened a pop-up bar in Beijing for two months, selling only craft beer from the Põhjala Brewery. The bar sells ten different Põhjala beers from barrels and the selection changes constantly. Põhjala Brewery entered the world's largest beer market in 2016 and the company is testing the market for further expansion plans.
The 14th "Vana Tallinn Grand Prix 2019" competition for sommeliers in the Baltic States was held this weekend in Riga. Grand Prix went to the Latvian representative Kaspars Reitups and Ketri Leis from Estonia was the runner-up. Title of the Best Young Sommelier went to Kristijonas Valančiūnas from Lithuania, the AS Liviko representatives informed BC.
Pühaste Brewery, which is already exporting its craft beer to 23 countries, launched a crowdfunding campaign on the platform Fundwise. The microbrewery is looking to raise at least 150 thousand euros from investors in order to increase its operating capacity, provide packaging in more ecological and better-quality cans and add alcohol-free drinks to its product range. While now the brewery exports 60 percent of its products, next year Pühaste is looking to grow its exports to 80%, informed Pühaste representatives.
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.
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.
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.