Alcohol

International Internet Magazine. Baltic States news & analytics Wednesday, 30.07.2014, 01:55

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"Aldaris" reduces losses by 33%

"Aldaris" reduces losses by 33%

25.07.2014

Beer brewery "Aldaris" has maintained a steady turnover in 2013, whereas the company's losses reduced by 33 percent, the company also paid EUR 3 million in compensation to employees last year, informs NOZARE.LV/LETA.

Keyword tags: Alcohol, Analytics, Financial Services, Good for Business, Latvia



Loophole in law used to "rent" liquor at night in Latvian Bauska

Loophole in law used to "rent" liquor at night in Latvian Bauska

15.07.2014

Latvian newspaper Diena informs that in spite of prohibition to sell alcoholic beverages during the night, a group of keen businessmen from Bauska have taken advantage of a flaw in the law, therefore they are selling liquor also after 10 p.m., reports LETA.

Latvian hockey star Redlihs invests in his own brewery EUR 300,000

Latvian hockey star Redlihs invests in his own brewery EUR 300,000

11.07.2014

KHL star and Latvian national team member Mikelis Redlihs has started producing beer under his own brand called Mikela Alus, investing EUR 300,000, informs Marta Bormane, the spokeswomen of the new brewery Mikela alus daritava Ltd, cites LETA/Nozare.lv.


Josing: alcohol excise tax increase in Estonia should be higher than average wage increase

Josing: alcohol excise tax increase in Estonia should be higher than average wage increase

18.06.2014

Director of the Estonian Institute of Economic Research in Estonia Marje Josing noted that last year, wages increased by nearly 3% faster than the prices of alcoholic beverages in Estonia, but in order to reduce the consumption of alcohol, the excise tax should rise faster than wages, LETA/Public Broadcasting reports.

Estonian education ministry refuses to okay alcohol excise tax increase law

Estonian education ministry refuses to okay alcohol excise tax increase law

12.06.2014

Estonian Education and Science Ministry announced that it will not approve the law of amendments to the alcohol, tobacco, fuel and electricity excise tax law since the changes facilitate consumption of light alcohol among young people, LETA/Postimees Online reports.

06.06.2014

Aldaris and Latvenergo score highest marks on "Sustainability Index" in 2014

For the second consecutive year, Aldaris and Latvenergo have scored the highest in the "Sustainability Index" in 2014, Institute for Corporate Sustainability and Responsibility informed the business portal Nozare.lv, cites LETA.

06.06.2014

Illegal vodka market in Estonia amounts to 20-23%

According to the data of the Estonian Institute of Economic Research, the share of illegal vodka formed 20-23% of the Estonian market last year, due to which the state was deprived of 13.4 million euros in uncollected tax money, Riigikogu Finance Committee roundtable meeting "Excise goods and illegal market" stated on Thursday, LETA/Postimees Online reports.

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