Lithuania, Retail, Technology

International Internet Magazine. Baltic States news & analytics Saturday, 15.02.2025, 14:17

Turnover of BIOK Laboratorija increased by 22.4% in 2008

Danuta Pavilenene, BC, Vilnius, 19.01.2009.Print version
In 2008, the sales of the biotechnology and cosmetic products company BIOK Laboratorija reached 11.6 million litas (3.338 million euros), an increase of 22.4% year-on-year. The most successful period for the company was the last quarter of 2008, during which the company achieved a record turnover.

According to BIOK Laboratorija head Linas Cereska, 2008 was the year of investments, scientific research and innovations for the company. The good results were determined by several factors: a good evaluation of innovations in production in the market, the increasing clients" trust in Lithuanian products and growing consumers" loyalty to the trademarks of BIOK. In 2008, the sales of cosmetic products of the trademark Rasa alone rocketed by 50% compared to 2007, informs ELTA.

 

This year, the company plans to continue actively carrying out scientific research for the creation of new products. In January already, BIOK Laboratorija will launch a new line of Rasa products for problematic skin and introduce more innovations.

 

BIOK Laboratorija owns the trademarks Margarita, Rasa, Smilga, Faustas, Thai, Organic Trends, Yzy Stop. Currently, the company employs 48 people.





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