ILGEZEEM achieved a new record of production turnover

The turnover of SIA ILGEZEEM in 2023 totalled 6,19 billion euros, what is a new record in the history of the plant. Compared to the previous reporting year, SIA ILGEZEEM’s turnover grew on 10.8%, reducing the company’s losses to 8.31 thousand euros.

Total production for 2023, in comparison to the year before, grew up to 7%, reaching almost 6 thousands tonnes, thereby providing 104 work position. At the moment the ILGEZEEM beer and kvass manufacturing continues to work on increasing its turnover and production volumes, focusing on exports to the European Union countries, as well as on increasing sales volumes in the plant’s shop network. It should be noted that the company is the only merchant that has founded a stable network of its own trade representations. At the moment works 12 factory shops in Riga, Jelgava, Jurmala and Adazi.

The State Revenue Service, starting from January of this year, compiles and publishes the Taxpayers’ Rating, where SIA ILGEZEEM is recognised as a company with good tax discipline, without risks regarding the fulfilment of tax liabilities, and the total amount of taxes paid by the company to the state budget is one of the most significant among other companies in Latvia.

Ltd ILGEZEEM produces beer, cider, soft drinks, as well as tomato sauces, malt extract and kvass concentrate.

SIA ILGEZEEM deservedly takes a leader position also in the support of production processes. Therefore, justifying the expressed trust, the company, using its own lines, produces drinks, tomato sauces, mayonnaise and mustard of other brands, which are presented on the trade counters of Latvia, Germany and Poland.