Announcement of the decision concerning AS “Amber Latvijas balzams”

The State Revenue Service, on 6th November 2025, adopted a decision on the recovery of overdue tax payments from JSC “Amber Latvijas balzams”, which as of 6th November 2025 amount to EUR 17,710,467.16.

This does not materially restrict JSC “Amber Latvijas balzams” business operations.

JSC “Amber Latvijas balzams” informs that it had previously applied for a tax deferral (extension of payment terms had been received), however, the company’s management decided to cancel these extensions in order to repay the excise duty debt as quickly as possible. On 6th November 2025, JSC “Amber Latvijas balzams” received a notification from the State Revenue Service regarding the recovery of tax payments.

JSC “Amber Latvijas balzams” wishes to emphasize that it is actively cooperating with the State Revenue Service to resolve this situation.

JSC “Amber Latvijas balzams” will provide further updates on the development of the situation when any material new information becomes available.

JSC “Amber Latvijas balzams” is the leading producer of alcoholic beverages in the Baltic States, manufacturing more than 100 different brands of beverages. The leading shareholder of JSC “Amber Latvijas balzams” is Amber Beverage Group Holding S.à r.l., which owns 89.99% of the company's share capital.

 

 

Andrejs Višņausks

Chairman of the Management Board

Joint stock company "Amber Latvijas balzams" 

 

E-mail for communication: office.lb@amberbev.com