Baltic Export, Good for Business, Latvia, Markets and Companies, Medicine

Compared to the respective period of 2013, the company's turnover has grown by 40%.

The fastest sales increase in the first six months of 2014 was registered in Poland, where the company's sales increased by 13,434%, in Ukraine – 303%, in the Netherlands – 180%, in Uzbekistan – 102%, and in Lithuania – 90%.

Olainfarm's largest sales markets in the first six months of 2014 were Russia, Latvia, Ukraine and Belarus.

In the first six months of 2014, drugstore chain Latvijas aptieka, that belongs to Olainfarm, achieved EUR 7.4 million in sales, while pharmaceutical company Silvanols posted EUR 1.52 million in turnover.

Meanwhile, the volume of provisional non-consolidated sales of Olainfarm reached EUR 42.5 million. Compared to the respective period of 2013, it has grown by 44%.

In the first six months of 2014, Olainfarm was selling its products in 32 countries and five continents.

The largest sales increase was registered in Poland – 2,920%, Tajikistan – 529%, Belarus – 89%, and Moldova – 76%.