Actavis plans to grow exports but expects stagnating turnover this year
The company's turnover was of EUR 107 million last year, a drop compared to 2008. It expects its turnover to stagnate this year. Actavis' exports to countries like US, Japan, Australia, South Africa and to the European Union reached EUR 28 million last year.
The company's profit margin was of 15 percent, but it foresees a margin of 10 percent this year. Actavis' factory will receive a EUR 2.5 million cash injection which will upgrade the unit, now working at 80 percent capacity.
Read more about Alina Culcea and her appointment as Actavis GM here.