Amber Beverage Group Holding S.à r.l. announces the following resolutions of the Annual Meeting of Shareholders of subsidiary company AS Amber Latvijas balzams held on 19 July 2024: 1) To get acquainted with the reports of the Management Board, the Supervisory Council of joint stock company “Amber Latvijas balzams” and the statement of the sworn […]
Amber Beverage Group (ABG) has recently launched a transformational program to increase profitability for a sustainable growth. This program is aimed to position ABG for its next phase of long-term sustainable growth through implementing a set of transformational and agile initiatives to strengthen ABG’s core business and internal competencies. As part of the business operations […]
The Board of Amber Beverage Group Holding S.à r.l. (hereinafter – the Company) informs that the overdraft from AS Luminor banka has been extended till 30 November 2024, accordingly collateral agreements entered by Company’s subsidiary companies have been extended as well. The total amount of the secured overdraft is 22.7 million euros, which will be […]
The new coupon rate for Amber Beverage Group’s secured bonds with quarterly interest rate fixing is as follows: The previous coupon rate for secured bonds with quarterly interest rate fixing was the following: Paziņojums latviešu valodā ir pieejams ŠEIT.
Amber Beverage Group Holding S.à r.l. informs of a leadership change in subsidiary company AS Amber Latvijas balzams. After eight years as Chairman of the Board and a total of 14 years at AS Amber Latvijas balzams, Intars Geidans will be stepping down of his role on June 11, 2024. Long lasting Supervisory Board member […]
As the global alcoholic drinks market undergoes significant developments due to changing consumer preferences, geopolitical uncertainty, and the challenges of high cost of money for businesses as well as the cost of living crisis for many households around the world, Amber Beverage Group (ABG) launches a transformational program. The program is being developed and implemented […]
Amber Beverage Group Holding S.à r.l. announces the departure of Intars Geidāns, a Chairman of the Management Board of the subsidiary company AS Amber Latvijas balzams. His last working day within company will be 28th of June. The Supervisory Board of AS Amber Latvijas balzams will take action to ensure strong and effective leadership for […]
The unaudited consolidated net revenue of the Amber Beverage Group (hereinafter also - the Group or ABG) for the first three months of the year 2024 reached EUR 56.9 million, reflecting a 24% decrease from the same period in 2023. This decline is primarily attributed to decrease of production volumes for private label customers and […]
Amber Beverage Group Holding S.à r.l. announces the following resolutions of the Extraordinary Meeting of Shareholders of subsidiary company AS Amber Latvijas balzams held on 30 May 2024: Paziņojums latviešu valodā ir pieejams ŠEIT.
For the global producer and distributor of alcoholic beverages, Amber Beverage Group (ABG, or the Group), 2023 was a year marked by strategic manoeuvring and steadfast progress in the challenging global landscape. In its latest Annual Report, the Group shows a modest adjustment in its revenue, with a 10% decrease to EUR 329 million. Financial […]
