Gedeon Richter Romania is 99.90% controlled by Hungarian pharmaceutical group Gedeon Richter.

Gedeon Richter group owns a production line in Targu-Mures (Gedeon Richter Romania), a network of 108 drugstores (Gedeon Richter Farmacia) and pharmaceutical wholesaler Pharmafarm.

Gedeon Richter’s sales in Romania fell 3.3% on the year in 2014, to EUR144 million, as the medicine production unit, the pharmaceutical wholesaler and the pharmacies saw declines, according to the company’s financial report.

For 2014, Romanian authorities calculated for Gedeon Richter a clawback tax of RON16.5 million (EUR3.7 million), up 45% from 2013 when the company paid RON11.4 million (EUR2.6 million).

On a group level, Gedeon Richter posted a 3.4% decline in sales, to EUR1.14 billion, on the year in 2014.