Alcohol, Baltic Export, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 09.06.2026, 06:39

Vilniaus Degtine sales decreased by 23.3% in 2009

Danuta Pavilenene, BC, Vilnius, 10.03.2010.Print version
Lithuania-based producer of strong drinks Vilniaus Degtine registered revenue in amount of 53.199 million litas in 2009, which is 23.3% less than in corresponding period of the previous year, Vilniaus Degtine reported to NASDAQ OMX Vilnius.

As the company's representatives admitted, the company has remained stable on the market in 2009, despite the fact that strong drinks market has shrunk almost by one third. Sales revenue of Vilniaus Degtine decreased at a smaller rate than the overall market.

 

In January-December, 2009, the enterprise earned 543,409 litas profit before taxes; in 2008 it totaled 1.82 million litas.

 

During the twelve months period (January-December) 2009 Vilniaus Degtine sold 6734,2 thousand liters of alcohol drinks, which is 29.4 percent less than during the same period in 2008, when 9 543,6 thousand liters of drinks were sold.

 

Vilniaus Degtine is one of the biggest alcohol drinks producers, which manages such brands as Sobieski, Bajoru, Karvedys, Renaissance and others.

 

Vilniaus Degtine started operation in 1907 when Obeliu Spirit Distillery was opened in the region of Rokiskis.

 

Vilniaus Degtine products are exported to Latvia, Estonia, Poland, France, Denmark, Spain and UK.





← Back↑ Up

Русский
Search site