The consolidation of previous investments was the growth engine in 2021, the group representatives said.
The complete integration of the pharmacies acquired in 2020 significantly contributed to improving the Group’s financial results. At end-2021, the Group had more than 3,000 employees in Romania, grouped into three business lines: distribution, retail and pharma services.
Help Net acquired 32 units of the Ecofarmacia regional network in December 2019 and, in February 2020, it announced the takeover of 52 units from Remedia portfolio.
On a group level, PHOENIX announced sales of EUR30.7 billion for the 2021/2022 financial year, up almost 9% on the year.
Established in 1998, Help Net pharmacies is ranked among the top three pharmacy chains in Romania in terms of both sales and number of pharmacies, with more than 400 units opened across Romania.