Ladies and gentlemen,
I am sure you have met the products of the Walmark brand before. We are a company, which was established on a "green field", without anyone's know-how and with a minimum starting capital. Yet we managed to survive and expand in such harsh competition as the pharmacy production market is, and to get among the top players in the Central Europe region. We are a purely Czech company and our success is a result of joint efforts of all our employees.
At present we fully focus only on pharmacy, expecially the production and sale of food supplements, medicaments and special nutrition for sportsmen. Thanks to heavy investment into technologies, control systems and knowledge of our staff, we have one of the most modern pharmaceutic plants in the Czech Republic, compliant with the norms of GMP (Good Methods of Production). Apart from the food complements, which still represent the core of our sales, we became also a producer of medicaments in 2004. Our long-term objective is to extend the medical portfolio so its share of our company sales reaches at least 10% in the medium horizon.
In the last three years the main source of growth of the company has been the sales in the foreign market, where we operate through our subsidiaries (SK, RO, PL, HU, UA, LT, BG, LV) and thanks to export to 24 other world countries, not only in Europe, but also in the Middle East and Far East.
According to the renowned agencies IMS Health and Cegedim, WALMARK is ranking top in the international market of food complements in the Czech Republic, Slovakia, Rumania and Bulgaria. In Poland and Hungary WALMARK is second and in Lithuania it is third in the market. I am pleased to inform you, that we managed to meet our strategic objective from 2001 and we have become the greatest producer of food supplements in the Central and Eastern Europe. In the next 10 years, we would like to become a number one in Europe as a whole.
Thanks to the acquisition of the company Aminostar (the top Czech producer of nutrition for sportsmen and of special food supplements for sportsmen) we extended our portfolio to cover a new interesting market segment - nutrition for sportsmen, which is in good synergy with the portfolio of our company and has a great perspective of growth in the domestic and international market. That is why we plan to grow rapidly in this segment to become a number on in Central Europe by 2012.
I am proud to be the head of a company, that is socially responsible and which achieves its prosperity solely by honest and ethical business. A company, which maintains ethical and transparent relations to its customers, employees, vendors and distributors. A company, the investments, technical innvoations, job generation and quality products and services of which contribute to long-term wealth of the whole society. A company, which is environmentally friendly. And last but not least, a company, which voluntarily engages in charity and projects of public interest, which contributes to the general wealth of the people.
Let me thank you for your interest in the company Walmark. I thank to our business partners and customers for their trust and friendship.We value it high.
I wish you good health and success in your business as well as in your private life.
Petr Turo
Executive Manager