“Last year, amid pandemic problems, demand for drugs and products related to the pandemic increased and so we posted higher than expected growth, of 25% against previous year. We expect the market to stagnate in 2022. We are assessing the opportunities provided by the market and if opportunities to open new spaces emerge, we will definitely seize them,” said Alex Ursuleanu.
The 25% increase of 2021 would drive the company’s turnover to over RON47 million, in line with ZF calculations based on information provided by the company’s representative.
Tinos Farm last year further expanded in Ilfov and this year plans to open a pharmacy in Bucharest, in a housing compound of Drumul Taberei.
Tinos pharmacy network is a family business set up almost 30 years ago in Bucharest.
There were over 8,000 pharmacies in 2020 nationwide in Romania.
(English version by Catalina Apostoiu)