Olainfarm
Encyclopedia
AS Olainfarm is a Latvia
Latvia
Latvia , officially the Republic of Latvia , is a country in the Baltic region of Northern Europe. It is bordered to the north by Estonia , to the south by Lithuania , to the east by the Russian Federation , to the southeast by Belarus and shares maritime borders to the west with Sweden...

n company listed on the Riga OMX exchange
Riga Stock Exchange
The Riga Stock Exchange now "NASDAQ OMX Riga" is the sole stock exchange operating in Riga, Latvia. It is owned by NASDAQ OMX, which also operates exchanges in the USA, Denmark, Sweden, Finland, Iceland, Armenia, Lithuania, and Estonia...

 with production of basic pharmaceutical drugs and pharmaceutical preparations. The company was founded 17 October 1991 and is a joint stock company
Joint stock company
A joint-stock company is a type of corporation or partnership involving two or more individuals that own shares of stock in the company...

 since 27 March 1997.

In 2009, Olainfarm had a turnover revenue of
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

 31,9 million with a profit of € 3,363 million. Olainfarm had 788 employees and the main shareholders were Olmafarm Ltd. (42.56%) and HB-19 Investments Limited Company of Cyprus
Cyprus
Cyprus , officially the Republic of Cyprus , is a Eurasian island country, member of the European Union, in the Eastern Mediterranean, east of Greece, south of Turkey, west of Syria and north of Egypt. It is the third largest island in the Mediterranean Sea.The earliest known human activity on the...

(26.17%)
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