After the Nizhpharm acquisition in 2005, STADA has a sales company in Ukraine: Nizhpharm-Ukraine DO, Kiev.
In the Ukraine, despite the ongoing difficult local economic situation, applying the exchange rates of the previous year, sales increased considerably in 2010 by 11%. In euro, sales increased by 19% to EUR 23.3 million (previous year: EUR 19.7 million).
In the first nine months of 2011 sales grew applying last year’s
exchange rates by 20%. In euro sales increased by 11% to EUR 17.4
million (1-9/2010: EUR 15.7 million).
| 1) | Sales below EUR 0.05 million were rounded to EUR 0.0 million. |