Lithuania’s Axis doubles profits in 2015

„Axis Industries“
DELFI / Mindaugas Ažušilis

The company’s revenues jumped by 40% to €128 million with the Lithuanian market accounting for 84.1% of the group’s sales.

In its key export markets, Estonia accounted for 27.8% of total exports, Latvia – for 24.4%, Ukraine – for 17.3%, Germany – for 13.1% and Sweden – for 9.9%.

The group includes the parent company Axis Industries, and subsidiaries Axis Power and Axis Technologies as well as companies active in Kazakhstan and Ukraine.

You may like

Be the first to comment

Leave a Reply

Your email address will not be published.


*