Companies / Latvia
Record Profits For Grindeks
March 2006 | Company Finance AlertGrindeks - the largest pharmaceutical company in the Baltic States - has posted a net profit of LVL4.5mn (US$7.8mn) for 2005, a hugely impressive 81% increase on the 2004 figure. Net turnover increased 30% last year, reaching LVL32.2 (US$55.9mn), according to the company's financial report that was submitted to the Riga Stock
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