Latvijas Balzams is the largest alcoholic beverage producer in the Baltic States. Established in 1900, the company operates two major factories: one for strong spirits and another for sparkling wines and other alcoholic products. Latvijas Balzams employs over 600 people and produces over 100 different brand products, most of which are market leaders in Latvia. Among these are globally recognized brands such as Stolichnaya, Moskovskaya, Riga Black Balsam, and Riga Sparkling Wine.