More
    HomeBusiness & InvestmentsEconomicsAntibiotice Iasi posts record export sales in 2019, highest growth rate in...

    Antibiotice Iasi posts record export sales in 2019, highest growth rate in the last five years

    Published on

    In 2019, Antibiotice Iasi recorded the highest growth rate of export sales in the last 5 years. Last year, the exports accounted for 40 percent of company’s turnover, reaching 152,1 million RON, 25 percent higher than the value recorded in 2018.

    This growth has been the fastest rate in the last five years. 2019 was the first year in which the sales of finished products in the international markets significantly outpaced the sales of the active substance Nystatin.

    The main growth engine was the export of finished products in the territories where Antibiotice opened its own representative offices, the value of these exports recording an increase past 65 percent compared to 2018, reaching a value of 44.4 million RON.

    In the domestic market, Antibiotice recorded sales comparable to the sales recorded in 2018, both in pharmacies and hospitals, amounting to 335.9 million RON.

    Latest articles

    Volker Raffel, E.ON: “With a more attractive regulatory framework, Romania could unlock an additional 1 billion euros in energy network investments”

    Romania could attract an additional 1 billion euros in annual private investment for its...

    Virgiliu Ivan, Transelectrica: “Without people, even billions of euros in energy investments cannot be delivered”

    Romania's energy transition and grid expansion efforts depend as much on human resources as...

    George Niculescu, ANRE: “Romania demonstrates that energy transition and energy security can coexist”

    Romania has become a practical example of how renewable energy expansion and traditional energy...

    More like this

    Volker Raffel, E.ON: “With a more attractive regulatory framework, Romania could unlock an additional 1 billion euros in energy network investments”

    Romania could attract an additional 1 billion euros in annual private investment for its...

    Virgiliu Ivan, Transelectrica: “Without people, even billions of euros in energy investments cannot be delivered”

    Romania's energy transition and grid expansion efforts depend as much on human resources as...