The company's consolidated net profit soared by 27.5% to 754,200 euros in 2016 y-o-y, Baltic Pack said in its 2016 report submitted to the Center of Registers.
The group's revenues in Lithuania last year stood at 15.1 mln euros, reported at 3.1 mln euros in Latvia and 7.6 mln euros in Estonia. This year, Baltic Pack expects to raise the revenue to 15.5 mln euros, 8.2 mln euros and 3.5 mln euros in Lithuania, Estonia and Latvia, respectively.
Baltic Pack owns four subsidiaries – in Latvia, Estonia, Belarus and Russia's exclave of Kaliningrad.
Francois Sovet, a French national, owns 77.66% of Baltic Pack's shares.
