News

2008-09-17 Turnover of Fermentas International reached 26.57 million euros in
2007

The turnover of Fermentas International, managing the largest Lithuanian biotechnologies company Fermentas, reached 91.9 million litas (26.57 million euros) in 2007, an increase of 26% compared to the year 2006.

The growth of sales mainly resulted from the company"s decision to distribute products not via mediators, but directly, as well as the creation of new products, reports ELTA/
The audited EBITDA profit of Fermentas International stood at 21.4 million litas (6.19 million euros) in 2007
Source: www.baltic-course.com