Olaine

Sales of „Olainfarm” Grew by 19% Last Year, „Silvanols” Restarts Exporting to Kazakhstan.

According to preliminary consolidated sales results for December 2014, sales of the company have reached 7.82 million euros, which represents an increase by 23% compared to the same period of 2013.  The biggest sales increases were achieved in Poland, where sales grew by 692%, Sales to Tajikistan grew by 211%, and sales to Kyrgyzstan grew by 99%, while sales to Lithuania grew by 89%.  During December 2014 AS „Olainfarm” also made significant shipments to Belarus, The Netherlands, and Bulgaria, and helped SIA „Silvanols” restart exporting to Kazakhstan.  Major sales markets of AS “Olainfarm” during December 2014 were Russia, Ukraine, Latvia and Belarus.

Sales of pharmacy chain of SIA “Latvijas aptieka”, fully owned by AS „Olainfarm” during December 2014 were 1.14 million euros and 57 pharmacies were operating during December.  Sales of SIA “Silvanols” in December 2014 were 0.42 million euros, and the company was selling its products to 4 European countries and, with assistance from AS „Olainfarm” to Belarus and Kazakhstan.

During 2014 according to preliminary consolidated sales figures, sales of AS “Olainfarm” were 93.79 million euros, which represents an increase by 19% compared to 2013. He most rapid sales increases were achieved in Poland, where sales grew by 434%, and in The Netherlands, where sales grew by 192%.  The major sales markets of AS “Olainfarm” in 2014 were Russia, Latvia, Ukraine and Belarus.