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Tuesday, 15.04.2025, 06:17
Turnover of Elkor in Latvia grew by 9% in 2010
Nina Kolyako, BC, Riga, 18.05.2011.
Print version
Print versionRetail company Elkor posted LVL 34.15 million in turnover in 2010, which is 9% more than in 2009, according to the company's data. Elkor paid LVL 2.3 million in taxes last year.
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In 2010, the company recovered from the period of decline. Despite the financial crisis, Elkor continued to develop the company's business activities and even increased the number its clients, points out Elkor board member Ronalds Feldmanis.
Feldmanis believes that if the government kept its promises to businessmen and reduced the tax burden without making so many illogical decisions, Elkor's financial indicators and the situation in Latvia would be better, informs LETA.
Last year, Elkor marked its 20th anniversary.
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