Amber Latvijas balzams says SRS freezes company bank accounts over overdue excise tax payments
Bitget2026/10/14 07:42- 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: 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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