We would like to inform you that due to the spread of COVID-19 virus, tours are not organized at the moment in order to ensure the operation of the Latvijas balzams factory.
Admittedly, the rapid spread of Coronavirus throughout the world has affected the work of several companies in our country. Although we face a number of challenges, we do our best to ensure continuity of business and services for our clients.
To deal with the lack of availability of disinfectants in the country, Latvijas balzams will begin producing a hand and surface disinfectant based on the World Health Organization’s recommended formula. The sanitiser is alcohol-based and will be available in 4 litre volumes, which can then be transferred into smaller containers.
The unaudited net turnover of the Company in the year 2019 reached EUR 78.6 million, 4.6% up against 2018, due to higher orders and sales volumes from key customers and markets. The unaudited profit has reached EUR 10.05 million, which is 7% more than in 2018 as the result of increased sales volumes and high level of other Income from additional services.