Richer Pharma expands into Wels



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Austria's Pharma Logistics opened its new 17,400-square-meter site in well-being yesterday.
Austria's Pharma Logistics opened its new 17,400-square-meter site in well-being yesterday. © Richter Pharma AG

"Very, very tough." This is how John CEO Roland Humer described the past fiscal year of Richter Pharma AG at the annual press conference. The well-known pharmaceutical company achieved sales of € 601 million in 2018 – an increase of 1.7% over the year.

About 368 million euros were accounted for by the entire subsidiary Pharma Logistics Austria, which opened its new site in Werner Jasmine Street yesterday. Overall, a consolidated result of around € 7 million was achieved, which, however, represents a slight decline compared to the previous year (7.3 million). "We are experiencing high market dynamics and that these challenges are rising," said Huymer, who also spoke of a negative contribution by Martin and other regulatory requirements.

Despite or even in the industry, we are focusing on changes in the group in 2019: in addition to fitness control, which analyzes efficiency and market potential, the development of private labels and thus the position of the manufacturer. Should be strengthened even more. By the end of the year you will be 532 Veterinary Medicine registrations, this year alone More than 90 new registrations should be added. But even in terms of space, you will continue to grow in the future, as emphasized.

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