JSC Olainfarm over the period of more than four years will have invested about 4 million lats in development of a new product. Development of the said product was started in 2006.
The company plans to use the resources of EU structural funds under the activity „Introduction of new products and technologies” managed by Latvian Investment and Development Agency.
JSC Olainfarm is one of the biggest pharmaceutical companies in Latvia with more than 40 years of experience in production of medication and chemical and pharmaceutical products. A basic principle of company’s operations is to produce reliable and effective top quality products for Latvia and the rest of the world. Products made by the Group are being exported to more than 35 countries of the world, including the Baltics, Russia, other CIS, Europe, Asia, North America and Australia.
Information prepared by:
Member of the Board
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