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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 08:29

Recipe Plus profit down 5.6% in 2014

BC, Riga, 25.06.2015.Print version
Latvian drug wholesaler Recipe Plus turned over EUR 140.62 mln. In 2014, according to Firmas.lv information, writes LETA.

This is 8 % more than in 2013, when Recipe Plus  turned over EUR 131.11 mln.. The company's profit in 2014 reduced 5.6 % - from EUR 10.5 mln. in 2013 to EUR 9.91 mln. in 2014.


Recipe Plus  management report says that last year the company continued to work on management and operations optimization. One of the priorities for last year was to improve and bolster export departments, attracting new clients outside of Latvia. The company's export, as compared with 2013, grew 17 % in 2014.


Last year, Recipe Plus  continued expanding cooperation also with Latvian medical institutions. Compared with 2013, turnover in this sector increased 12 % last year.


Recipe Plus  also organized nine free seminars last year, which were attended by more than 700 pharmacists and their assistants from various pharmacies in Latvia.


Recipe Plus  was founded in 1995 and is owned by the holding company  Repharm . Its share capital is EUR 1,643,416.  Recipe Plus  owns 750 drugstores and more than 100 medical institutions in Latvia.






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