Amber Latvijas balzams says SRS freezes company bank accounts over overdue excise tax payments

Bitget2026/10/14 07:42

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Amber Latvijas balzams said Latvia’s State Revenue Service has frozen its bank accounts at credit institutions.
Cash-flow strain tied to a global spirits market downturn triggered delayed excise tax payments, leading to overdue liabilities.
The freeze was reinstated after the company’s legal protection proceedings ended on Oct. 9, following a voluntary termination.
Management is evaluating funding options to keep operations running, seeking to lift the account freeze.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amber Latvijas Balzams AS published the original content used to generate this news brief on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Amber Latvijas balzams says SRS freezes company bank accounts over overdue excise tax payments

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