Two more weeks to buy drugstores of Vilniaus Prekyba

APA - Austria Presse Agentur
24-02-2006, 15:07

Warsaw (Puls Biznesu) – The Lithuanian owner of Euro Apteka drugstore network will wait two more weeks for investors’ offers. Vilniaus Prekyba withdraws from Poland.

Warsaw (Puls Biznesu) – The Lithuanian owner of Euro Apteka drugstore network will wait two more weeks for investors’ offers. Vilniaus Prekyba withdraws from Poland.

Vilniaus Prekyba, the Lithuanian group, is withdrawing from Poland. Till March 9th, it waits for investors interested in its Euro Apteka network. The Polish management declines to comment on the proceedings.

“We do not comment on this subject”, Tomas Mokrikas, Euro Apteka CEO said.

There are 64 drugstores in the network.

Polska Grupa Farmaceutyczna (PGF), which bought over 100 Apteka 21 from Enterprise Investors fund for USD 18.8m and has 300 of drugstores now, is the main candidate to buy Euro Apteka network. Another one is Centrala Farmaceutyczna Cefarm, the Warsaw gross seller who wants to have its own sales network.

“We are interested and we have cash. We have chances, I believe”, Jerzy Baranski, CF Cefarm CEO said.

Other companies refuse to comment.

Euro Apteka has PLN 15m (EUR 3.9m)of monthly sales. In 2004, it had losses. The company employs 400 people.

(PLN 1 = EUR 0.264)

 

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Podpis: APA - Austria Presse Agentur

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