Gedeon Richter to start exporting medicine from Russian factory to Czech Republic, Slovakia in 2016
BUDAPEST. 18 Nov (Interfax) - Hungary's Gedeon Richter pharmaceutical company plans to start exporting medicine, produced at a factory in the Moscow region to the Czech Republic and Slovakia.
As the company's Director of International Commercial Affairs Andrash Orasz told reporters, the first deliveries are planned for the beginning of next year.
Right now, Gedeon Richter supplies drugs produced in Russia to Hungary and some CIS countries such as Kazakhstan.
The Moscow region factory, which was launched in 2001, produced 32 million packages of medicine in 2014. The factory produces 16 brands of medicine, 47 medicine doses.
The company is also constantly expanding production capacities of the factory, which already has more than $100 million dollars invested into it. Meanwhile, construction and production of hormonal and ampoule medication is not planned, he said.
