Thu, 22 Dec 2011: Lithuania poised to curb strong beer market…
Dec 22, 2011 Lithuania
“Most small brewers bottle their brew only in the plastic package. Therefore, any ban on them would hit them severely, requiring large investments for switching to glass packaging. The ban w...Tags: 1 Liter, Alco, Alcohol, Association President, Bailiffs, Beer Importers, Beer Market, Breweries, Brewers, Imported Beer, Investments, Lithuania, Local Market, Plastic Bottles, Sba Member
Wed, 6 Apr 2011: High fuel prices threaten economy…
Apr 6, 2011 Baltics
“Excise and value-added taxes are being increased constantly, but we would like to also see activity to ensure that consumers have more money,” he explains. The government on March 2...Tags: Additional Income, Alcohol, Amendments, Budget, Cigarettes, Consumers, Excise Duty, Excise Tax, Fuel Economy, Fuel Prices, Gasoline, Income Measures, July 1, Lats, Liters, Money, Tax Rate, Value Added Taxes
Thu, 18 Feb 2010: One-time gains boost output…
Feb 18, 2010 Baltics
The economy grew a seasonally adjusted 2.6 percent from the third quarter. “Consumer demand was weak, as expected, and the improvement has come due to export markets,” said Maris Lau...Tags: Alcohol, Anticipation, Consumption, Economic Growth, Economy, Finance Ministry, Fourth Quarter, Inventories, Investments, Lauri, Maris, Months Of The Year, Motor Fuels, Quarter Data, Swedbank, Time Stock, Tobacco
Wed, 4 Mar 2009: Latvijas Balzams enjoys record sales…
Mar 4, 2009 Baltics
That's why further development and growth in export markets will become even more important," said Andersons. In the first quarter of 2008 Latvijas Balzams recorded a loss, motivating the company...Tags: Alcohol, Company Exports, Economics, Efficiency, Export Markets, First Quarter, Further Development, Lats, Latvijas Balzams, Moonshine, Record Sales, Riga Stock Exchange
Wed, 21 Jan 2009: Taking Counsel: Terminations: Proceed with Caution…
Jan 21, 2009 Baltics
Unilateral termination of the employment relationship by the employer is allowed only in the following cases: 1) Where the employee has committed a serious breach of the employment agreement or...Tags: Alcohol, Breach, Caution, Continuation, Employment Agreement, Employment Relationship, Excuse, Job, Narcotics, Safety Instructions, Terminations, Toxic Substances
Wed, 19 Nov 2008: New government to raise taxes …
Nov 19, 2008 Baltics
Also, the 20-20-20 tax rate will be welcomed by foreign investors because of its simplicity," he said "This will be good until everything is balanced and then it could be reduced." Kubilius said t...Tags: Alcohol, Authorities, Budget, Cigarettes, European Union, Excise Duties, Excise Duty, Excise Tax, Expenditures, Finance Minister, Foreign Investors, Government Taxes, Liquid Gas, Simplicity, Tax Rate, Tobacco, Value Added Tax
Wed, 9 Jul 2008: Taking Counsel: Booze It and lose it…
Jul 9, 2008 Baltics
The first DUI is a misdemeanor which, according to Estonian Traffic Law section 74.19, is punishable by a fine of up to 300 fine-units (one fine-unit being 60 kroons or 4 euro) or detention, with ...Tags: Alcohol, Booze, Cocktail, Driving Privileges, Dui, Essential Ingredients, Estonians, Harshness, Kroons, Misdemeanor, Nine Months, Penal Code Section, Section 74, Supreme Court, Tallinn, Traffic Law
Wed, 27 Feb 2008: Godmanis doubts inflation…
Feb 27, 2008 Baltics
In January prices for alcohol and tobacco jumped an astonishing 16.5 percent due to higher excise taxes. Alcohol and tobacco make up 7.1 percent of the basket of goods used to calculate inflatio...Tags: Alcohol, Doubts, Economists, Energy Prices, Excise Taxes, Inflation, Jawbone, Latvia, Legitimate Complaint, Spectacle, Stab, Statistics Agency, Tobacco
Wed, 8 Aug 2007: Finns to trek to Riga for booze?…
Aug 8, 2007 Latvia
In Helsinki, the Finance Ministry recently proposed raising the tax on strong drinks by 15 percent and on weaker booze by 10 percent. This follows a slash in the rate by one-third in 2004 as Fin...Tags: Alcohol, Alcoholic Beverages, Booze, Ceo, Cheap Liquor, Excise Tax, Finance Ministry, Finland, Finns, Helsinki, Producers, Riga, Six Months, Strong Drinks, Tax Hikes, Tourist Business, Trek
Wed, 4 Oct 2006: Baltic brewers unhappy about planned tax hike…
Oct 4, 2006 Baltics
"We are calling on the national governments not to back this initiative," they said in a statement. The brewers welcomed the EU's initiative to tighten regulation of the alcohol market but critici...Tags: Alcohol, Alcoholic Beverages, Breweries, Brewers Association, Brink, Directions, Eighty Seven, Eu Member States, Excise Duties, Initiative, Losses, Measures, National Governments, Tax Hike, Traditions
Wed, 26 Oct 2005: Latvijas Balzams wins lucrative Norwegian tender…
Oct 26, 2005 Baltics
Company managers were set to release more detailed information about this contract and the company's exports at a news conference on Oct. 26. Norway possesses some of the most expensive retail pri...Tags: Alcohol, Beverages, Company Managers, Lats, Lithuanian State, Momentum, News Conference, Norway, Norwegian, Norwegians, Regional Court, Retail Prices, Sweden, Turnover, Victory, Wins
Thu, 23 Oct 2003: Stumbras sell-off finalized…
Oct 23, 2003 Baltics
Povilas Milasauskas, chief executive officer of the State Property Fund, signed off on the transaction along with Mineraliniai Vandenys Chairman Arturas Listavicius.The tender for Stumbras had bee...Tags: Alcohol, Authorities, Baltic News Service, Biofuel, Chief Executive Officer, Controversy, Distillery, Litigations, Privatization, State Property Fund
Thu, 25 Sep 2003: Stumbras sell-off enters final stretch…
Sep 25, 2003 Baltics
Artrio-2, a Vilnius-based alcohol wholesaler, is set to purchase a 72.93 percent share in Anyksciu Vynas, the country's largest producer of wines.. ...Tags: Alcohol, Final Stretch, Wholesaler, Wines
Thu, 11 Sep 2003: In Brief - 2003-09-11…
Sep 11, 2003 Baltics
When the fall and winter timetable comes intoeffect as of the end of October, Estonian Air will only have Boeings in itsfleet. (Baltic News Service)Stumbras privatization on road to completionLith...Tags: Alcohol, Baltic News Service, Boeings, Consortium, Estonian Air, Fall And Winter, Gulbis, Lithuania, Percent Stake, Privatization Commission, Spf, State Property Fund, Winter Timetable
Thu, 24 Jul 2003: In Brief - 2003-07-24…
Jul 24, 2003 Baltics
Price differences between Estonia and Finland are "enormous," wrote the paper.The alcohol excise tax is expected to bring 1.3 billion euros into Finland's state coffers this year. Next year's budg...Tags: Alcohol, Baltic, Bizness, Budget, Excise Tax, Finland, Kogan, Latvia, Lukoil, Monopoly, Oil Pipeline, Oil Pipelines, Oil Terminal, Price Differences, State Coffers, Transneft, Ventspils Nafta
Sat, 21 Jun 2003: Only eligible bidder sweeps alcohol auctions…
Jun 21, 2003 Baltics
Even greater is the discrepancy in the wholesaler's reported 24 million litas offer for Vilnius Vodka, almost five times greater than the initial government valuation of the company, which demons...Tags: Alcohol, Amount Of Money, Auctions, Discrepancy, Final Approval, Government Valuation, Liquor, Lithuanian Airlines, Privatization Efforts, Sat, Spite, Sweeps, Tender Offer, Transparency, Vodka, Wholesaler
Thu, 16 Jan 2003: Record low inflation for Latvia…
Jan 16, 2003 Latvia
"Latvian prices have increasingly become synchronized with the EU's price level, and through imports prices have also fallen here." The Latvian consumer price index in 2002 nudged up 1.4 percent, ...Tags: Alcohol, Car Prices, Catering Services, Communication, Consumer Price Index, Food Prices, Fuel Prices, Health Care Services, Household Maintenance, Inflation, Latvia, Medicines, Tobacco
Thu, 14 Oct 1999: Alcohol excise cuts take the head off beer…
Oct 14, 1999 Baltics
It even won the Parliament's approval without any complications.But excise taxes on beer emerged from the government's ax unscathed, and beer producers are worried. Audrius Vidzys, vice-president ...Tags: Alcohol, Alcoholic Beverages, Beer, Excise Taxes, Lucky, Parliament, Producers Association, State Newspaper, Substantial Growth, Vice President, Vodka
Thu, 7 Oct 1999: New ‘green’ fuel introduced in Estonia…
Oct 7, 1999 Estonia
But, she said, laboratory tests are being undertaken in Scandinavia (where Statoil is based) and a similar product should reach the Estonian market in a couple of years once the glitches are worke...Tags: Alcohol, Canadian Renewable Fuels, Canadian Renewable Fuels Association, Cars, Detergent Additives, Ethanol Blends, Excise Tax, Excise Taxes, Glitches, Good Business, Green Fuel, Laboratory Tests, Levy, Mixture, Obstacle, Renewable Fuels Association, Scandinavia, Statoil, Tax Question