The unaudited consolidated net revenue from continuous operations of Amber Beverage Group (hereinafter also - the Group or ABG) for the first six months of the year 2024 reached EUR 115.8 million, reflecting a 18% decrease from the same period in 2023. This decline is primarily attributed to decrease of production volumes for private label […]
Amber Beverage Group Holding S.à r.l. (hereinafter also “ABG” and the “Group”) informs that the term of the loan (overdraft) from BluOr Bank AS provided to ABG subsidiary company SIA "AMBER DISTRIBUTION LATVIA" has been extended until 15 November 2024, accordingly collateral agreements entered by Group’s companies have been extended as well. The total amount […]
As part of the transformation initiative launched earlier, I would like to unveil our plans for a more streamlined company by introducing several structural changes in Amber Beverage Group (also referred to as ABG or the Group). It is apparent that markets in recent period have become more mature, influenced by such macroeconomic factors as […]
Tambov District Court of Tambov Region has issued a decision according to which the shares of the company Amber Talvis owned by Amber Beverage Group Holding S.a r.l. are to be transferred for the favour of the state. Once the motivation for the decision becomes available, the group, along with attorneys, will examine it and […]
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 […]
