ADM Farm expects sales of EUR220 million this year.
The group was set up in 1998 and its turnover increased from EUR1 million to EUR210 million at the end of 2012.
ADM Farm has 6,000 clients and a portfolio of 5,500 products. It operates medicine distribution centers in Suceava, Craiova, Timisoara, Cluj, Constanta, Brasov, Galati and Bucharest, and employs 570 people in its 23 drugstores.
ADM Farm registered sales of 210 million lei (EUR47 million) in the first quarter of the year.
The group is owned by Mihai Alin Iosep, with 49.02% of the shares, Andreea Alexandra Pop, with a 38.24% stake, and Elena Pop, with 12.74%, according to Trade Registry data. (EUR1=RON4.801)