Posts tagged as sales

Minister: CO2 quota sales revenue one of electricity inflation measures

Wednesday, October 13, 2021

Finance Minister Keit Pentus-Rosimannus says a government relief package aimed at combating soaring energy costs in Estonia can be covered, at least in part, through surplus income from CO2 emission credits trading. Pentus-Rosimannus had already said at the end of September that such a measure would take weeks to complete, mainly due to strict European Commission-level regulations, while in the intervening timeelectricity prices have continued to rise . Natural gas…

MPs propose easing limits on alcohol sales in Lithuania

Wednesday, December 16, 2020

Lawmakers from the Lithuanian Labour Party have proposed lifting the ban on alcohol sales after 15:00 on Sundays. Under current laws in Lithuania, introduced by the Farmers and Greens in 2018, alcohol sales in the country are allowed to take place between 10:00 and 15:00 on Sundays and between 10:00 and 20:00 all other days. The lawmakers have now proposed to raise the selling hours on Sunday to 20:00, as…

E-commerce sales increased in Latvia last year

Thursday, October 29, 2020

Results of the Central Statistical Bureau (CSB) annual survey on the use of information and communication technologies (ICT) in enterprises, published October 2 8, show that 99.9 % of Latvian enterprises used the Internet at the beginning of 2020. 62.6 % of enterprises had their own website, of which 94.1 % were large enterprises, 81 % medium-sized enterprises and 58.4 % small enterprises. One of indicators characterizing development of e-commerce is share of enterprises selling goods or services over…

Late night alcohol sales ban extended by one month

Thursday, October 15, 2020

The government on Thursday decided to extend the country-wide ban on late-night alcohol sales by one month until November 24 to limit the spread of coronavirus. Prime Minister Jüri Ratas (Center) said while the spread of the coronavirus is stabilizing with the help of the current restrictions, the threat has yet to pass, which is why the government deems it warranted to continue the ban, spokespeople for the government said.…

Quarantine will not be shortened, alcohol sales ban to continue in Estonia

Tuesday, October 13, 2020

The government agreed on in principle on Tuesday not to shorten the self isolation requirement for people arriving in Estonia and close contacts from 14 days to 10. It was also agreed to extend the alcohol restrictions currently in place. Formal decisions will be made by the government on Thursday and discussions around the quarantine period will continue next week. The Research Council, the Health Board and the Ministry of…

COVID-19 lockdown results in collapse of Lithuanian retail sales in April

Thursday, May 28, 2020

Lithuanian retail sales crashed 17.9% y/y in April in calendar-adjusted constant prices, Statistics Lithuania said on May 27. Sales deepened their y/y fall after declining 5.7% in annual terms in March. The collapse in April was expected after the Lithuanian government instituted a lockdown on the country’s people and businesses in order to contain the spread of the coronavirus (COVID-19) pandemic. April was the first – and the only –…

Online alcohol sales allowed during Covid-19 pandemic

Monday, March 23, 2020

Latvian parliament will allow the sale of alcohol through the internet during the state of emergency related to the spread of the Covid-19 novel coronavirus, according to LETA news agency on March 20. The law won’t apply to tobacco products and electronic cigarette fluid. Those buying alcohol will still have to be at least 18 years old and make the purchase between 8:00 a.m. and 10:00 p.m. According to the Finance…

Dubai loosens liquor laws as UAE alcohol sales suffer drop

Thursday, October 24, 2019

Dubai has loosened its liquor laws to allow tourists to purchase alcohol in state-controlled stores, previously only accessible to license-holding residents, as the United Arab Emirates saw the first drop in alcohol sales by volume in a decade. The new laws, which also let visitors to skyscraper-studded Dubai obtain liquor permits themselves for the first time, come amid a widening economic downturn affecting this oil-rich nation on the Arabian Peninsula.…

Estonian Tax, Customs Board: Too soon to estimate tax receipts from tobaccoless snus sales

Monday, August 5, 2019

An Estonian importer of tobacco-free snus said that over 20,000 boxes of the nicotine product have been sold in the country over the past few weeks, from which the state has likely received some 100,000 euros in excise duty; the Tax and Customs board said that it is too early to give an estimate of the tax revenue earned. “So far, snus was only distributed by dealers in the black…

Excise duty reduction has increased alcohol sales to north in Estonia

Saturday, August 3, 2019

Minister of Finance Martin Helme (EKRE) said on Thursday that as a result of lowering excise duty rates on alcohol, sales on Estonia’s northern border have increased, indicating that Finnish tourists are once again buying more alcohol to take back with them from Estonia. Speaking at the government press conference on Thursday, Helme said that initial figures are very encouraging, adding that it seems to him as though the government’s…