The accounts of ‘Amber Latvijas balzams’, a drinks manufacturer in Latvia, have been frozen by the State Revenue Service (VID). This action comes shortly after the conclusion of legal protection proceedings involving the company. ‘Latvijas balzams’ announced the account freeze in a statement to the ‘Nasdaq Riga’ stock exchange. The reason for the renewed freezing of funds wasn’t explicitly stated in the announcement. It represents a continued financial challenge for the Riga-based business. This is not the first time the company’s finances have been subject to such measures by Latvian authorities. The situation raises concerns about the company’s financial stability following the end of its legal protection period.

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