Net Profits Rise 34% At Slovakofarma
Slovakofarma, a pharmaceuticals producer in the Slovak Republic, recorded net profits of 522 million Slovak koruna ($15.3 million) in 1995, up 34.2%, according to the CTK news agency's Business News. Slovakofarma's 1995 sales grew 21% to over 4 billion koruna. In 1996, turnover is expected to rise 10%, with an increase of 15% in exports. The company's export markets include Germany, Russia, Poland and the Ukraine. The firm is expected to invest 680 million koruna in 1996.
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