Alcohol, Good for Business, Latvia, Markets and Companies
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Friday, 26.04.2024, 02:23
Alcohol wholesaler SPI Distribution Latvia doubles profit in 2013
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In 2013, SPI Distribution Latvia earned EUR 2.23 million, in 2012 – EUR 995,139. Meanwhile, last year's turnover of the company was EUR 89.96 million, which is 8% more than in 2012, when the company operated with a turnover of EUR 84.57 million.
According to the management report, the company continued to work on increasing the turnover and market shares last year. SPI Distribution Latvia also reviewed the effectiveness of sales department as well as changed the terms of trade agreements.
In the future, the company will concentrate on increasing its market shares, marketing of new products, optimizing product ranges, developing and modernizing logistics and warehouse operations.
SPI Distribution Latvia was founded on June 5, 1998, and its share capital is EUR 939,046. SPI Distribution Latvia fully belongs to the Dutch company S.P.I. Regional Business Unit B.V..
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