V&S Group

V&S Group (V&S Vin & Sprit AB), founded in 1917, is an international producer and distributor of alcoholic beverages. The group is a wholly owned entity of the country of Sweden. Headquarted in Stockholm, the capital of Sweden, the group employs approximately 2,500 people.Until 1994, the group had the position of a national monopoly for production and distribution, but this was abolished when Sweden joined the European Union in 1995. However, the Swedish alcohol retailing monopoly, operated by Systembolaget, is still in force. As of 2007, the Swedish government intends to sell off the V&S Group before the end of the year.
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