Latvijas Balzams

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Latvijas Balzams is a Latvian producer of alcoholic beverages. As of 2006, it was the largest producer of alcoholic beverages in the Baltic states, and had about 50% market share in Latvia,[1] as well as being the 21st largest Latvian company by turnover.[2] It is the successor to the Latvian state alcohol producer, tracing its origins to the early 20th century and its name to 1970, and was privatized in 1997.[3] Its flagship product is Rīgas Melnais balzams, a traditional Latvian herbal liqueur.

[edit] References

  1. ^ Kevin O'Connor (2006). Culture and Customs of the Baltic States. Greenwood Press, p. 110. ISBN 0313331251. 
  2. ^ TOP companies by turnover. Lursoft IT.
  3. ^ History. Latvijas Balzams. Retrieved on 2007-08-19.

[edit] External links