Laboratorios Portugal to penetrate Chile and Colombia

After initiating exports to Poland and Ukraine, Laboratorios Portugal is negotiating its entry in Chile for the next year and has contacted some Colombian businessmen as well. Currently, exports represent 10% of total sales that summed US$30mil in 2008. Jose Alonso Portugal, general manager of the lab, expects to be ending up 2009 with 15% increase in sales up to US$35mil.

Laboratorios Portugal, specialised in production of pharmaceutical products and cosmetics, has created a transportation company last year with investment of US$500.000. A total of US$2.5mil should be spent this year in the acquisition of machinery, equipment and infrastructure.

Peru: Publication: SABI - Business News
Provider: South American Business Information
August 29, 2009

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