Alcohol, EU – Baltic States, Latvia, Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 16.09.2014, 14:25

Latalko turnover down 13.4 percent in 2011

Gleb Vasiljev, BC, Riga, 10.07.2012.Print version
Alcoholic beverage wholesaler Latalko achieved LVL 15.96 million in turnover in 2011, 13.4 percent less than in 2010, when the company turned over LVL 18.44 million, according to "Firmas.lv" information.

Latalko profit grew 35.5 percent - from LVL 14,656 in 2010 to LVL 19,863 in 2011.

 In 2009, the company's turnover reached LVL 24.19 million, profit - LVL 113,192. In 2008, Latalko posted LVL 29.66 million in turnover and LVL 532,934 in profit.

 Latalko launched its operations in 2004. According to "Firmas.lv", the company belongs to Aleksandrs Morozovs (26 percent of shares), Viktors Karbanovs (49 percent) and Grigorijs Vovks (25 percent), informed LETA.






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