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Notification on the potential name change of JSC Latvijas balzams

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As you know, six years ago JSC Latvijas balzams joined the rapidly growing production and distribution company of alcoholic beverages, Amber Beverage Group. Being part of the Group has brought several benefits to the leading producer of alcoholic beverages in the Baltics: larger orders, new customers and several impressive development projects.

This year, Amber Beverage Group plans to add an additional recognition mark ‘Amber’ to five of its companies all around the world. It is planned to preserve part of the historical name in the new name of JSC Latvijas balzams, thus it could be Amber Latvijas balzams.

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The decision will be made by the Shareholders’ Meeting of JSC Latvijas balzams on 30 September. A positive decision on these changes would help JSC Latvijas balzams to gain even wider recognition, attract new customers and larger orders.

No changes are expected for the employees of JSC Latvijas balzams, nor for the suppliers and buyers of our services. Only the official name of the company would be changed.

Joint stock company Latvijas balzams is the leading producer of alcoholic beverages in the Baltics with a rich history since 1900. The company owns two alcoholic beverage plants in Riga – a strong alcoholic beverage plant and a sparkling wine and light alcoholic beverage plant. Latvijas balzams is one of Latvia’s leading exporters – its products are available in 180 countries around the world, as well as the company is one of the largest taxpayers in Latvia.

JSC Latvijas balzams
Chairman of the Board
Intars Geidāns