This is the fastest growth pace of the past decade for Sandoz, in line with ZF calculations and the company has for the first time gone beyond the EUR100 million turnover mark on the local market.

The company’s profit also rose, by 14%, to almost RON20 million in 2022. The average number of employees reached 510.

Over 90% of turnover comes from the export of products manufactured in Romania. The company has 170 products in its portfolio, reaching over 100 countries worldwide.

Sandoz is the third largest pharma manufacturer in Romania by turnover, after Zentiva and Terapia.

(English version by Catalina Apostoiu)

Subiecte #earnings#SANDOZ