Latvijas Balzams planning to increase production volumes by 8 percent


Riga, 2016-01-06 14:18 CET (GLOBE NEWSWIRE) -- January 6, 2016.

JSC Latvijas Balzams is planning to increase production of beverages this year by 8%. Estimated growth is based on the projected increase of export volumes in strategic markets as well as the introduction of new beverages.  

"We’ll continue purposeful growth in production with focus on profitable brands with high export potential as Riga Black Balsam®, Stolichnaya ® Vodka, Moskovskaya® Vodka ", " Amber Gold® Vodka " and Riga Black® Vodka; Grand Cavalier® brandy and sparkling beverage Cosmopolitan Diva® . Our plan for this year is to increase sales in strategic markets  such as United Kingdom, United States, Asian markets, Poland, Israel where we see the potential for the grow and expansion of our assortment ", says Seymour Ferreira, Head of the Board of JSC Latvijas Balzams.  

Information about the company's news and events is available on the website www.lb.lv.


 

         Dana Hasana
         “Latvijas Balzams” and “Amber Beverage Group” Communications' Manager
         Ph.: +371 67011711
         Mob.:+371 26355895
         E-mail: dana.hasana@amberbev.com
         www.lb.lv
         www.amberbev.com