JSC “Latvijas Balzams” informs that international trade with Ukraine continues according to the plans, with no disturbances so far. Yet another export batch of “Latvijas Balzams” products has been dispatched to Ukraine lately and company is monitoring the situation in this market. The management of the company notes that, considering the situation and its aggravation in Ukraine, JSC “Latvijas Balzams” increased its export volumes to Ukraine already during last quarter to accumulate the sales stock for year 2014.

The share of the exports of JSC “Latvijas Balzams” to Ukraine last year was 4% of the direct exports of the company, and this country is one of the largest export markets of „Riga Black balsam”. The sales of this product line have demonstrated the fastest increase (by 38%) among all markets for this brand in 2013.

JSC “Latvijas Balzams” is a leading Baltic producer of alcoholic beverages and one of the largest exporters in the state. The company holds a share of 24% in the domestic market of alcoholic beverages, currently produces more than 100 different products in nearly all strong and light alcoholic beverage segments, and is clearly the leader in several segments in Latvia.

The trade of the company with Russia continues according to the plans this year. Last year, the exports to Russia made up 14% of the direct exports turnover of "Latvijas Balzams".

JSC “Latvijas balzams” is a leading producer of alcoholic beverages in the Baltics and one of the largest exporting companies in Latvia. Company represents 24% of Baltics alcoholic beverages market. JSC “Latvijas balzams” with more than 100 product names is represented in almost all segments of strong and light alcohol beverages, with many market leaders in Latvia.

Additional information:
Dana Hasana
JSC “Latvijas balzams” Communications Manager
Phone: +371 67011711
Mob. phone:+371 26355895
E-mail: dana.hasana@lb.lv
www.lb.lv