Private company

Alko

Logo: Alko Oy, Public domain, via Wikimedia Commons4

Alcoholic beverage retailing monopoly

Alko Inc is the national alcoholic beverage retailing monopoly in Finland. It is the only store in the country which retails beer over 8% ABV, wine (except in vineyards) and spirits. Alcoholic beverages are also sold in licensed restaurants and bars but only for consumption on the premises.2 It was founded by Government of Finland.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jan 4, 1999Founded1
  • HeadquartersHelsinki1
  • Websitewww.alko.fi
  • Legal formosakeyhtiö1
  • LEI743700LU5TNDQ1ZW5C303
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPL 99, FI-00101 Helsinki, Finland3
  • Registered withFinnish Patent and Registration Office, 1505551-43
Alko Alavus 2017
Photo: Santeri Viinamäki, CC BY-SA 4.0, via Wikimedia Commons6

Alko Inc is the national alcoholic beverage retailing monopoly in Finland. It is the only store in the country which retails beer over 8% ABV, wine (except in vineyards) and spirits. Alcoholic beverages are also sold in licensed restaurants and bars but only for consumption on the premises.2

The story

Founded by Government of Finland on Jan 4, 1999.1

From 1919 to 1932, the distribution and consumption of alcoholic beverages was forbidden in Finland. When the prohibition was lifted by the Finnish government in 1932 following a referendum, they created a company called Oy Alkoholiliike Ab which was fully owned by the government.

The first stores were opened on 5 April 1932.

During the 1939–1940 Winter War, the company mass-produced molotov cocktails for the Finnish military, production totalling 450,000 units.

Between 1944 and 1970, Alko used the Bratt System from Sweden to control alcohol consumption, using a booklet called viinakortti whereby all alcohol sales were recorded and stamped into said booklet. Once a certain amount of alcohol was purchased, the owner of said booklet had to wait until next month to buy more.

In 1969, the company's name was changed to Oy Alko Ab. This company not only distributed, but also imported and manufactured alcohol.

Between 1962 and 1998, Alko stores gradually switched from desk service (where customers asked shop attendants to retrieve products for them) to self-service.

In 1995, when Finland joined the EU, the monopolies in production and import had to be lifted. Thus, the corporation was separated into Alko (distribution), Primalco (production of alcohol) and Havistra (bulk sales), which together formed the Altia Group; only Alko retained a monopoly.

In 1998, Alko was spun off entirely from the Altia Group, which was reorganized later to form Altia Oyj. While Altia Oyj and Alko remain legally separate, Alko is the major customer of Altia's products.

Read the full text

The history of Alko is presented at the Hotel and Restaurant Museum in Helsinki.

From 10 June 2024, the maximum alcohol level which retailers could freely sell alcoholic beverages changed from 5.5% to 8% ABV.

From Wikipedia’s article on Alko, shared under CC BY-SA 4.0.5

Products and brands

  • alcoholic beverage

Listed on Wikidata.1

As the only retailer of strong alcoholic beverages in Finland, Alko has an extensive range of products ranging from rare wines to bulk vodka. Its wine selection has grown in recent decades as there has been an increase in consumption and a government drive to change Finnish drinking habits to a more "European" style, which means a move from hard liquor to wine and beer. While wine consumption has increased, this has not replaced consumption of other alcoholic beverages, negating the "Europeanisation" argument. Nowadays wines occupy most of the shelf space in an Alko shop. Its beer selection is concentrated on stronger versions of the domestic bulk lagers and some high-quality strong beers from major beer-producing countries as well as traditional Sahti at some locations. Hard spirits include several Finnish brands of vodka and all major types of hard liquor. Alko also sells brands of drinks produced by the Finnish state-owned company Altia, which are traditional products and not sold abroad. Many of these date back to the first products launched after the end of prohibition in Finland. These are usually for mixing drinks.

In 2024, Alko's strongest selling liquor is a tar liquor called 762 Tumma, which, as the name suggests, has an alcohol content of 76.2%.

From Wikipedia’s article on Alko, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

  • Government of Finland

From Wikidata.1

Timeline

  1. Jan 4, 1999Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6