Emitents | Olainfarm, AS (213800WCG52W62ENOP27) |
Veids | Citi |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2011-11-02 21:44:06 |
Versijas komentārs | |
Teksts |
Olaine, November 2, 2011
In eight months “Olainfarm” plans to increase
number of purchased pharmacies to 40
Today during the press conference Chairman of the
Management Board of AS “Olainfarm” Mr. Valerijs Maligins announced
that AS “Olainfarm” has purchased 100% of shares in SIA “Ilmas
aptiekas” and SIA “Juko 99”. These companies combined own 18
points of pharmaceutical sales in Riga, agglomeration of Riga,
Vidzeme (north-east) and Kurzeme (west). With this
transaction AS “Olainfarm” has also indirectly
become an owner of 50% of shares in pharmaceutical wholesale
company SIA “Farm Impeks” owned by SIA „Ilmas Aptiekas”.
Total value of the transation remains confidential and will
not be disclosed until the first stage of acquisitions is
completed.
“This is just a beginning of Olainfarm’s operations in
pharmaceutical retail business in Latvia. Development,
production and distribution of top quality medication remain our
priority, but experience shows that distribution of medicines in
Latvia is particularly successful once you have a direct access to
customers. We think that this business is attractive enough to
continue investing in it. Our very near future plans include
expanding the pharmacy network to 30 points of sales, but by the
middle of the next year we might be managing about 40 pharmacies”
said Valerijs Maligins, Chairman of Olainfarm’s Management
Board.
AS “Olainfarm” announced its intentions to create a
pharmacy chain in May 2010. According to plans of AS
“Olainfarm” the sales in 2011 of chains already purchased will be
in the area of 4 million lats (5.7 million
euro). In future AS
“Olainfarm” may also get involved into e-pharmacy
business.
As a direct owner of pharmacy chain, AS “Olainfarm” will
be able to ensure that its products and products of other producers
will be available to customers for more friendly prices.
Also, the top level pharmaceutical care will be available to
clients, as very many top level professionals are working in the
pharmacy chain: 72% of all employees have respective university
degree. AS “Olainfarm” does not plan any significant
changes either to number of composition of staff. Mr. Ilmars
Pajuste, former co-owner of SIA “Ilmas Aptiekas” will remain as the
Chairman of the management board of the pharmacy
chain.
The first pharmacy was opened by SIA “Ilmas aptieka” in
autumn of 1994 in the premises of „Veselibas Centrs 4” on Krisjana
Barona iela 115 in Riga. During the last 17 years network of
SIA “Ilmas aptieka” has increased to 17 points of sales in Riga,
agglomeration of Riga, Vidzeme and Kurzeme. SIA “Juko 99” owns
one pharmacy in Riga.
AS Olainfarm is one of the biggest pharmaceutical
companies in Latvia with nearly 40 years of experience in
production of medication and chemical and pharmaceutical products.
A basic principle of company's operations is to produce reliable
and effective top quality products for Latvia and the rest of the
world. Products made by the Group are being exported to more than
30 countries of the world, including the Baltics, Russia, other
CIS, Europe, Asia, North America and Australia.
.
Information prepared by:
Salvis Lapins
Member of the Board
AS Olainfarm
Cell: +371 26448873
e-mail: Salvis.Lapins@olainfarm.lv
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