JGL is the best exporter to the Russian Federation
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JGL is the best exporter to the Russian Federation

1 min of reading Published: 08.9.2020.

At the “Zlatni ključ” award ceremony for the best Croatian exporters in 2019, JGL received the award in the category of best exporter to the Russian Federation.

In this year of record results, in which the company made HRK 607 million in revenue in the pharmaceutical part of business on foreign markets, which accounts for 83% of operating revenue, we are particularly pleased with an acknowledgement related to JGL’s largest and most demanding foreign market. 

“The ‘Zlatni ključ’ award for best exporter to the Russian Federation is a great acknowledgement, and we are especially pleased because it is related to results from 2019. A 17% increase in total revenue and a 34% increase in operating profit (EBITDA) in 2019 exceeded our own plans, and double-digit growth (+15%) in the Russian market serves as proof of the quality and value of our brands. We owe the award for this accomplishment to our employees who, amid increased pressure from competitors, put in the extra effort and achieved double-digit growth in this market,” said Mislav Vučić, JGL’s Chief Executive Officer.

The 15th Croatian Exporters’ Convention and the 13th “Zlatni ključ” award ceremony for the best exporters was sponsored by the Government of the Republic of Croatia and took place in accordance with the recommendations of the Civil Protection Headquarters of the Republic of Croatia.

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