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GRD: “Grindeks” invests 2.5 million lats in industrial sewage purification plant

Spekuliantai.lt | 2009-06-04 | NASDAQ OMX biržų naujienos | perskaitė: 1333
Raktiniai žodžiai: Grindeks, GRD
GRD: “Grindeks” invests 2.5 million lats in industrial sewage purification plant

Grindeks Company Announcement 04.06.2009

“Grindeks” invests 2.5 million lats in industrial sewage purification plant

Today, on June 4, on the eve of the World Environment Day, JSC “Grindeks” opens
new industrial sewage purification plant where the principle of biological
purification has been implemented and the most modern technologies installed.
The principle of biological purification is the most modern and environmentally
friendly way of sewage purification in chemical industry. In total, 2.5 million
lats were invested in the project.

Minister of the Environment of the Republic of Latvia Raimonds Vejonis,
Chairman of the Council of JSC “Grindeks” Kirovs Lipmans and Chairman of the
Board of JSC “Grindeks” Janis Romanovskis participated in the formal opening.

Chairman of the Council of JSC “Grindeks” Kirovs Lipmans: “The technologically
modern purification plant is a purposefully planned investment project, so that
upon increasing production capacities we could not only ensure the growth of
turnover of “Grindeks”, but also efficiently take care of environment
protection. Only stable and forward-looking companies may afford the most
modern and environmentally friendly solutions and investments of such a wide
scope - 2.5 million lats.”

Construction of “Grindeks” industrial sewage purification plant was implemented
within two years. Closed purification plant is compact, as well as ensures
stable purification processes and decrease contact of hazardous waste with the
environment. The plants guarantee efficient decontamination of the specific
pharmaceutical production sewage and prevent the potential damage to the
environment. A laboratory is also established in the purification plants where
waste water analyses are made.

Chairman of the Board of “Grindeks” Janis Romanovskis: ““Grindeks” is a leader
in several areas related to development of industrial technologies and has
always been an example to other companies regarding the issues of work quality
and environment protection. The concept of industrial sewage purification plant
is currently one of the most modern concepts confirming that pharmaceutical
industry and development of the company is consistent with careful attitude to
nature.”

“Thinking Green” and environmental initiatives provide business opportunities -
in the future, “Grindeks” plans to develop and expand sewage investigation in
the laboratory of purification plant, as well as provide sewage purification
modeling services to other industrial companies.

The technological design of the purification plant was developed by a Swedish
company “AnoxKaldnes”, which has considerable experience in implementation of
the specific pharmaceutical sewage purification projects for other large
pharmaceutical companies. Construction work was carried out by a Latvian
building company “Ekotehnoloģijas”.


About “Grindeks”

“Grindeks” is the leading pharmaceutical company in the Baltic States. The main
directions of its operation are research, development, manufacturing and sales
of original products, as well as generics and active pharmaceutical
ingredients. “Grindeks” specializes in the heart and cardiovascular,
psychotropic and anti-cancer therapeutic groups of medications.
“Grindeks” concern consists of four subsidiary companies in Latvia, Estonia and
Russia; as well as representatives and representative offices in 14 countries.
Products of the company are exported to more than 40 countries and its export
comprises more than 96% of the total turnover. The main markets are the Baltic
States, Russia and other CIS countries, as well as Japan and USA. The shares of
JSC “Grindeks” are listed in the Official List of “NASDAQ OMX Riga”.


Further information:
Laila Kļaviņa
Head of the Communications Department JSC “Grindeks”
Phones: (+371) 67083370, (+371) 29256012
Fax: (+371) 67083505
E-mail: [email protected]



1. fact_sheet_290509_eng.doc
(https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=227722)

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