Pharmaceutical retailer and wholesaler Dona, founded by entrepreneur Eugen Banciu, has a three-year investment strategy and aims to consolidate its market share through license acquisitions and network expansion with 48 pharmacies by the end of 2023. Its retail chain numbered 346 pharmacies at the end of 2021.
The funds will also cover the development of the company’s wholesale segment by increasing warehousing capacity and setting up its own transport company, Dona Cargo.
The group also wants to develop training programs for 240 people in partnerships with vocational schools and universities.
The Dona Group reached net revenue of RON1.65 billion in 2021, up 11.5% from the previous year, according to the data provided by company representatives. Plans for 2022 aim for investments of RON30 million in the pharmacy division, which has been present on the local market for three decades.
The EBRD is one of the major institutional investors in Romania, with investments of around EUR1 billion in 488 projects.
(English version by Loredana Fratila-Cristescu)