spot_img
Thursday, May 23, 2024
Partnered withspot_img

Analyzing Montenegro’s pharmaceutical industry: Performance of leading companies

Supported byOwner's Engineer banner

The leading ten companies within the pharmaceutical sector collectively amassed a total revenue of 458.89 million euros last year, alongside a profit of 19.7 million euros, employing a workforce of 2,180 individuals, as reported by an analysis from Bankar.me portal.

Montefarm, a state-owned entity, secured the top position in revenue generation, boasting 143.2 million euros, although its profit witnessed a 43 percent decline compared to the preceding year, settling at 1.1 million euros. The company maintains a staff of 486 employees.

Supported by

Glosarij emerged with the highest profit margin of 5.69 million euros, marking a ten percent growth from the previous year. Its revenues surged by 13 percent, reaching 128.3 million euros, with a workforce of 156 employees. Farmegre experienced a substantial revenue upswing of 24 percent, reaching 56.46 million euros, while its profit soared by 36 percent to 2.5 million euros, supported by 88 staff members.

Hemomont witnessed a robust revenue growth of 21 percent, amounting to 43.37 million euros, accompanied by a profit surge of 48 percent, totaling 1.98 million euros, with a workforce of 209 employees. Tea Medica’s revenue saw an eight percent rise, reaching 21.67 million euros, while its profit increased by 14 percent to 972.2 thousand euros, with 208 employees.

Supported by

Glosarij recorded an 18 percent revenue growth, totaling 14.83 million euros, with a 19 percent profit increase to 3.12 million euros, supported by 18 workers. Benu, a pharmacy chain, reported a nine percent revenue uptick, reaching 14.78 million euros, alongside a 36 percent profit surge, amounting to 710 thousand euros, maintaining a staff of 164 employees.

Supported byElevatePR Digital

Related posts

error: Content is protected !!