Walmark targets 15 percent growth with 24 brands

The local subsidiary of Czech food supplements producer Walmark targets 15 percent increase in turnover in 2008, due to the 24 brands included in its portfolio.

"We are growing some 20-30 percent annually, depending on our strategy. There are years when we grow due to existing products, through aggressive marketing, and years when we grow due to both existing and new products," the company's General Manager, Catalin Vicol, told Business Standard.
He added Walmark is the largest investor in marketing in the entire health market locally, with some €4 million per year.