EconomyLatvian liquor maker behind Riga Black Balsam weighs insolvency

Amber Latvijas balzams will ask shareholders on November 3 to consider whether it can continue operating and whether to start insolvency proceedings. Its debt repayment plan was not approved. The company says it has paid 20.4 million euros in current taxes since entering court protection, and production in Riga continues.

businessinsolvencyLatviaspirits

MMeduza★★★☆☆2026-10-12 20:24Original