LITHUANIA: Vodka sales rise before June tax increase
By Sarah Diston | 22 June 2001
Ahead of a new excise duty effective from 1st June 2001 two leading Lithuanian vodka producers both reported an increase in sales for the month of May. According to Lithuanian press the country's largest vodka producer, Stumbras saw sales rise from 7.401m litai (US$1.8m) to 9.634m litai in May. While another leading producer Vilniaus Degtine reported a rise in sales from 2.733m litai to 3.03m litai for the same period.
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Ahead of a new excise duty effective from 1st June 2001 two leading Lithuanian vodka producers both reported an increase in sales for the month of May. According to Lithuanian press the country's largest vodka producer, Stumbras saw sales rise from 7.401m litai (US$1.8m) to 9.634m litai in May. While another leading producer Vilniaus Degtine reported a rise in sales from 2.733m litai to 3.03m litai for the same period.
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