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.
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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
