Ivan has an 18-year background on the pharmaceutical market, including 16 years spent within Sanofi-Zentiva. Under Ivan’s management, Sanofi-Zentiva became a market leader in Romania.

Culcea will be directly in charge of business support (human resources, communication, legal, government and business relations).

Actavis Romania posted sales of EUR93 million in 2010, down 8% on the year.

The Actavis group is active in 40 countries and it has 10,000 employees. In 2010, Actavis posted overall sales of EUR1.7 billion. For this year, the group plans sales of EUR2 billion.