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International Internet Magazine. Baltic States news & analytics Tuesday, 16.04.2024, 18:15

Latvian drug wholesaler Elvim turned over EUR 22.95 mln in 2013

BC, Riga, 24.09.2014.Print version
Drug wholesaler Elvim turned over EUR 22.95 million in 2013, according to information provided by Firmas.lv, cites LETA/Nozare.lv.

This is 3% more than in 2012, when the company's turnover was EUR 22.48 million. Meanwhile, the company's profit increased by 5.6% – from EUR 547,216 in 2012 to EUR 578,279 in 2013.

 

The company's management report indicates that the number of the company's clients has also increased. This is thanks to the company's efforts in attracting new clients in the entire Baltic region. Meanwhile, due to the increasing transport costs, the company had to implement a cost optimization program.

 

Elvim was founded in 1992. Its share capital is EUR 300,000. The company's owners are Igors Dumans – 66.67%, and Genadijs Igonovs – 33.33%.






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