The company’s investment budget for 2021 stands at RON2.8 million and targets mainly the acquisition of lands for three warehouses in Bacau, Iasi and Targu-Mures, and the renewal of the distribution fleet.
Ropharma’s profit stagnated at RON2.2 million in 2020 and the company has 321 employees at its seven warehouses. Its shareholder is Ropharma SA indirectly held by businessman Mihai Miron, one of the most important Romanian entrepreneurs.
Ropharma opened the company Ropharma Logistic SA in 2014 to observe the legal provisions that were to take effect and provided the separation of retail distribution business. In 2014, pharmaceutical companies were obliged by law to separate into two distinct companies the pharmaceutical distribution business and the pharmaceutical retail business. In May 2017, an amendment to the law cleared legal entities to also carry out pharmaceutical wholesale distribution operations. However, large pharmaceutical chains kept the two divisions separate even after the return to the old law, such as the case of Ropharma, Dona Logistica.
The combined turnover of pharmaceutical distributors reached RON38.6 billion in 2019, after 16% higher sales on the local market in one year, per ZF calculations based on Trade Register data.