Leading producer of alcoholic beverages in the Baltic States

The unaudited net revenue of the leading producer of the alcoholic beverages in the Baltic States, AS Latvijas balzams, for the first nine months of year 2020 reached EUR 47.3 million, a decrease by 10.6% against first nine months of year 2019, mainly affected by the Covid-19 pandemic situation in many parts of the world and the restrictions implemented by national governments.

While waiting Christmas, one of the world’s oldest bitter brands and at the same time the Most Unique Brand in the Baltics is launching a limited edition version of the drink especially suitable for this season – Riga Black Balsam Chocolate & Mint.

Even in this extraordinary year, two new products are being offered to lovers of the legendary drink: Limited Edition Riga Black Balsam with chocolate and mint taste, as well as two RTD Black Balsam cocktails in a contemporary and sustainable format – cans.

Within the project “LIFE Fit for REACH”, the leading producer of alcoholic beverages in the Baltics, JSC Latvijas balzams, has successfully identified chemicals and mixtures used in the company’s operations, which the company could replace with less harmful substances for employees and the environment.