14.11.2014

Additional Investments in the USA

Alkaloid AD Skopje continues its investments aiming at greater market share on existing and new foreign markets. For that purpose, on November 12, 2014, Alkaloid invested in its subsidiary in the USA, by increasing its share capital.

Investments were made in Alkaloid USA LLC in Ohio, USA through a joint venture with its present partner V.Stavroff, LLC. Alkaloid’s share in this investment is 30.380,00 USD. Increasing the share capital of the subsidiary did not change the established equity share between V.Stavroff, LLC and Alkaloid AD Skopje.

These investments are in line with the continuous activities of Alkaloid AD Skopje to strengthen its presence on foreign markets in order to increase the export of the company.