ÁTVR
Encyclopedia
Áfengis- og tóbaksverslun ríkisins or ÁTVR (State Alcohol and Tobacco Company of Iceland in English
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...

) is a state owned company that has a monopoly on the sale of alcoholic beverage
Alcoholic beverage
An alcoholic beverage is a drink containing ethanol, commonly known as alcohol. Alcoholic beverages are divided into three general classes: beers, wines, and spirits. They are legally consumed in most countries, and over 100 countries have laws regulating their production, sale, and consumption...

s and tobacco in Iceland
Iceland
Iceland , described as the Republic of Iceland, is a Nordic and European island country in the North Atlantic Ocean, on the Mid-Atlantic Ridge. Iceland also refers to the main island of the country, which contains almost all the population and almost all the land area. The country has a population...

. It runs the Vínbúð
Vínbúð
Vínbúð is a chain of 46 stores run by the Icelandic alcohol and tobacco monopoly ÁTVR, locally called ríkið . It is Iceland's sole legal vendor of alcohol for off-premises consumption, though in practice most bars and restaurants will not prevent you from leaving with purchased drinks...

chain, often called Ríkið (The State) after its owner.
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