The manufacturer also posted RON7.6 million profit last year, a decline of 2% on the 2019 level. Its plant in Bucharest is currently employing 165 people, according to publicly available data.

Slavia Pharm makes 12 million tablets a year and started manufacturing in 2006, its website says.

Its portfolio includes about 100 products, both prescription and over the counter drug, as well as food supplements and cosmetics.

The market share of drugs made in Romania dropped to less than 10% in value over a decade. In volume, however, they account for some 70% of the total medicine consumption in the country, according to market estimates.

(English version by Loredana Fratila-Cristescu)