International Internet Magazine. Baltic States news & analytics
Tuesday, 24.01.2017, 04:59
Last year Estonia lost 10 mln euros in taxes as a result of low-alchol drinks being brought across the border, the Estonian Breweries Association said LETA/BNS.
he excise tax rate for strong alcoholic beverages will rise by 23 percent next March and that for wine and beer will surge by up to 112%, which will drive drinks prices up by up to 1 euro per bottlel, writes LETA/BNS.
An operator, Raihan Group OU, is set to open regular once-weekly bus services from the passenger port of Tallinn to the Alko1000 alcohol stores on the Latvian side of the Estonian-Latvian border in Valka and Ikla on Saturday, writes LETA/BNS.
Pernod Ricard Latvia alcoholic beverages wholesaler in the past financial year that lasted from July 1, 2015, until June 30, 2016, posted EUR 15.873 mln in sales, which is by 16.5% more than a year ago, while the company’s profit rose several times to EUR 128,805, according to Firmas.lv business database.
In the first nine months of this year, Valmiermuizas Alus brewery doubled its sales in Estonia and is now planning to start shipping beer to Finland by the end of 2016, the company's co-owner and management board member Aigars Rungis told LETA.
Friday 4 November saw Lithuania’s Martynas Pravilonis named the best sommelier in the Baltic States at the Vana Tallinn Baltic Sommelier Grand Prix in the Latvian capital Rīga. The exciting final saw Lithuania’s Narimantas Miežys take 2nd place, while Latvia’s Agnese Meiersone finished in 3rd place. Estonia’s Marika Tikas was named Best Young Sommelier.
Sales of the Estonian beverage maker A. Le Coq in the first nine months of the year grew 3.7% to 61.7 mln euros and the beverages sold by the company increased 0.3% to 97 mln liters, reports LETA/BNS.