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Amber Latvijas balzams says SRS freezes company bank accounts over overdue excise tax payments
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Amber Latvijas balzams says SRS freezes company bank accounts over overdue excise tax payments
  • 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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