Net profit topped RON3.8 million (EUR781,000), 16% higher than in 2021. The company reached an average number of 295 employees.

Europharm Holding was set up in 1994 in Brasov and nine years later, in 2003, it was taken over by Britain’s GSK. In 2016, GSK sold its drug distribution arm to Interbrands.

Before selling the distribution operations, GSK also sold the drug plant it owned in Brasov to two local entrepreneurs.

(English version by Catalina Apostoiu)