Vínbúðin
| Vínbúðin
|
|
|---|---|
 |
|
| legal form | State company |
| founding | 1922, in the ÁTVR since 1961 |
| Seat | Reykjavík |
| management | Ívar J. Arndal |
| Number of employees | 542 (2016) |
| sales | 33.058 million ISK (2016) |
| Branch | retail trade |
| Website | www.vinbudin.is |
Vínbúð ( German : the wine business ) is a chain with 48 stores that the Icelandic alcohol - and tobacco - monopoly company ÁTVR (Áfengis- og tóbaksverslun ríkisins) , based in Reykjavik is operated. Colloquially they are also called ríkið , which means the state . Vinbuð is Iceland's sole legal trader for the take-away sale of alcohol. Outside of this chain, bars and restaurants sell alcohol. Due to the high license fees, however, these are at least twice as expensive as the monopoly chain. The sale of alcohol under state control of the Vínbúðin began after the prohibition in Iceland from 1915 to 1922. Since 1961 they have been affiliated with the ÁTVR.
Iceland has very high taxes on alcohol, which was originally intended to reduce alcohol consumption. The tax rates are not based on the price, but are calculated proportionally according to the alcohol content.
See also
The Icelandic Vínbúðin form the counterpart to similar monopoly chains for alcohol sales in the Nordic countries :
-
Vinmonopolet in Norway -
Systembolaget in Sweden -
Alko in Finland -
Rúsdrekkasøla Landsins in the Faroe Islands
Web links
- Vínbúðin website ( Icelandic and English )
Individual evidence
- ↑ a b Ársskýrsla ÁTVR 2016 , accessed on March 26, 2017