Polisano is one of the largest pharmaceutical wholesalers in Romania, established by physician Ilie Vonica in 1993. The businessman also owns Polipharma Industries plant, as well as Reteta (Prescription) retail pharmacy chain, clinics and hospitals. He sold his dialysis clinics to Germany’s Diaverum in about EUR25 million deal at the end of 2011.
Polisano’s revenue went up 5% last year and its representatives say the performance was in line with the initial business plan.
“The company has seen a steady performance on the distribution market, which shows in a constant increase in turnover year by year,” said Coca Cascaval, general manager of Polisano.
As a comparison, revenue in 2009 stood at about EUR200 million.
Polisano budgeted a return to growth of its net profit for 2013, after it shrank 33% to RON28 million in 2012, due to the clawback tax and local macroeconomic problems.
The drug market stood at EUR2.6 billion last year and the largest distributors are Mediplus, Farmexpert, Farmexim, Fildas, Europharm, Polisano, ADM Farm and others.
(English version by Loredana Fratila-Cristescu)