GLOBEALERT
BUSINESS● ELEVATED1d ago · Oct 12, 2026, 8:24 PM

One of Latvia’s best-known liquor brands faces an uncertain future as Riga Black Balsam’s producer weighs insolvency

Meduza [en] · eastern europe

The board of Amber Latvijas balzams has called a shareholders’ meeting for November 3 to consider whether the company can continue operating and whether to begin insolvency proceedings. The decision will take shareholders’ proposals into account.

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