In January to June last year, Gedeon Richter reported total sales in Romania of EUR80.5 million.

The company said wholesale and retail sales dropped 24% to EUR55.1 million in the first half, from EUR72.4 million in the year-earlier period.

The decrease was partly compensated by a 12% hike in pharmaceuticals sales to EUR16.1 million, versus EUR14.4 million in the first half of 2010.

Group-wide, Gedeon Richter posted total sales of EUR449 million, up 15.6% on the year. However, the group’s profit fell 44.5% to EUR78.6 million, on higher operating expenses.

In Romania, Gedeon Richter runs a pharmaceuticals company with the same name, 118 drug stores, wholesaler Pharmapharm and Gedeon Richter Farmacia chain of stores.