V&S GroupV&S Group
is a Swedish
-government-owned producer and distributor of alcoholic beverages
. Until 1994
it had the position of a national monopoly
for distribution and production, but this was abolished when Sweden joined the European Union
. The Swedish alcohol retailing monopoly, operated by Systembolaget
, is however still in force. The name V&S comes from the earlier name Vin & Sprit
, literally "Wine & Sprits".
Absolut Vodka is probably the most successful brand launched by the group to date.
See also: List of Swedish government enterprises