OREANDA-NEWS. December 29, 2007. OJSC “Creativ Group” expects to fully implement its 2007 sales plan. Group planned to get for 2007 the sales volume of USD108 mln with sales growth y-o-y 63.9%. The EBITDA margin will be USD12.6 mln. The management of Group believes that the current growth is the result of successful execution of strategic development plan of OJSC “Creativ Group”. According to the plan, the launch of the second modified fat plant in 2007 increased Group’s capability to react properly on seasonal demand fluctuation and substantially increased the total output.

Yuri Davidov, the general director of OJSC “Creativ Group”, says that there are all preconditions to achieve in 2008 the sale growth up to 79.9% with EBITDA growth up to 132.8% respectively.