Company type | Joint stock company |
---|---|
Nasdaq Baltic: BAL1R | |
Industry | Alcoholic beverages |
Founded | 1997 |
Headquarters | , Latvia |
Key people | |
Revenue | |
Total assets | |
Total equity | |
Owner | Amber Beverage Group Holding S.à r.l. (89.99%)[2] |
Number of employees | |
Website | balzams |
Amber Latvijas Balzams (English: Latvian Balsam) is the largest alcoholic beverage producer in the Baltic states headquartered in Riga.[3]: 2 As of 2006[update], it had a market share of about 50% in Latvia.[4]: 110 The company has a long history as the beginning of it can be considered 1900 when Riga State Spirits Warehouse No.1 started operation as it later changed its name to Latvijas balzams in 1970 and eventually became a public joint stock company in 1997.[5] Its flagship product is Riga Black Balsam which is a traditional Latvian herbal liqueur.[6]
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