Economy


We actively participate in the development of the local business environment.

What are our priorities?
•   
We provide tax (including excise tax) income to the state budget;
•    We support initiatives that are aimed at reducing the informal economy in the spirits sector;
•    We cooperate with the national supervisory authorities;
•    We stimulate Latvian export performance by offering high quality products;
•    We support development and strengthening of responsible and sustainable business practices in Latvia.

What we do?
•   
LB control system is ISO 9001:2008 certified attesting to the compliance of the manufacturing processes with international requirements, as well as to the high quality of LB products;
•    A self-control system has been developed, implemented and is being maintained in the Company in accordance with HACCP principles;
•    We are a member of State Revenue Service “White List” [Baltais saraksts] initiative attesting to the transparency of the Company’s activities;
•    LB is represented within the largest Latvian industry and non-governmental organisations: Employers' Confederation of Latvia, Foreign Investors Council of Latvia, Latvian Chamber of Commerce and Industry, Latvian Federation of Food Enterprises,        Latvian Spirits Producer and Distributor Association, Union of Spirits Producers and Distributors;
•    LB implements fair partnership with its business partners and transparent procurement policy by setting high standards of quality for  its suppliers;
•    LB management actively shares its experience and knowledge in the field of corporative responsibility;
•    LB takes part in activities linked to investigation and combatting the illegal market. We have carried out the first study of illegal alcohol circulation in Latvia.

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