Good for Business, Latvia, Markets and Companies, Medicine

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 03:25

Latvian medical association ARS turns over EUR 8.5 mln in 2013

BC, Riga, 15.07.2014.Print version
According to its unaudited annual report, Medical association ARS (ARS) turned over EUR 8.5 million on 2013, CEO of ARS Maris Andersons informed the business portal Nozare.lv, cites LETA.

He indicated that in comparison to 2012, the company's turnover has increased by almost 7%. This was thanks to an increase in the range of medical services, as well as investments into establishing the first prophylactic medical and rehabilitation office.

 

About EUR 71,184 was invested in the office at the beginning of February, 2013. It is located on Blaumana Street in Riga.

 

Last year, ARS posted about EUR 37,000 in profit, which is 5.1% less than in 2012. Andersons stressed that this is the second best result over the past ten years.

 

The company's turnover in 2012 was EUR 7.96 million, which is 15% more than in 2011, while the profit was EUR 390,179, which is 42.5% more than in 2011.

 

ARS was founded in 1991, its share capital is EUR 904,105. Andersons is the largest ARS shareholder with 40.01% of shares.






Search site