Sales increased by 11.4% on the year, to RON203.47 million, from RON182.56 million.

The company’s revenue rose 11.3.% on the year, to RON205.86 million, while expenditure increased by 10.1% to RON200.45 million.

Farmaceutica Remedia has a network of eight storage units and a chain of 53 drug stores and seven indirectly owned units.

According to the latest reports, the company is 66% owned by board president Valentin Norbert Tarus.

Company shares were last traded on February 1, at RON0.204, down 11.27% on the day. (EUR1=RON4.354)