Alko
Alcoholic beverage retailing monopoly / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Alko?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Alko Inc is the national alcoholic beverage retailing monopoly in Finland. It is the only store in the country which retails beer over 5.5% ABV, wine (except in vineyards) and spirits.[1] Alcoholic beverages are also sold in licensed restaurants and bars but only for consumption on the premises.
This article needs additional citations for verification. (August 2011) |
Quick Facts Company type, Industry ...
Company type | Government enterprise |
---|---|
Industry | Alcoholic beverages |
Founded | 1932; 92 years ago (1932) |
Headquarters | , |
Key people | Leena Laitinen (CEO) |
Products | Alcoholic beverages |
Revenue | €1,174.8 million (2017) |
Number of employees | 2,401 (2017) |
Website | www |
Close
Alko is required by law to sell drinks with lower alcohol content than 5.5% and non-alcoholic alternatives, but in practice carries a very limited stock of low alcohol beer, cider and non-alcoholic drinks and others as supermarkets are allowed to sell those at a substantially lower price. By law, alcoholic drinks may only be sold to those aged 18 or above.