Galenika implented financial plan for 2014 - Export boost priority for 2015

Source: Tanjug Tuesday, 20.01.2015. 15:28
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Galenika has announced today it successfully implemented financial plan for 2014 while they planned to boost production by additional 20% this year.

As stated in the company announcement, the acting manager, Nedeljko Pantic, said Galenika will focus on export increase first of all.

-We have first of all been taking steps in penetration to EU markets as well as return to the markets of Russia, Ukraine and Belarus. We have been investing permanent efforts in solving regulatory terms in order to implement adopted plan for 2015 – Pantic outlined.

In the last quarter 2014, as added, Galenika continued successful business trend.

Production plan was 100%, i.e. the company produced 42 m packs of drugs, production totaling RSD 7,1 billion, which is 100% compared to financial plan.

When it comes to planned sales implementation, total sale generated at domestic and export markets was RSD 5,3 billion, which is 92% compared to planned sales plan, it was added in the announcement.

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