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Companies / Romania

Terapia-Ranbaxy Aims For Top Spot In Romania

June 2006 | Company Finance Alert

Indian-owned Terapia-Ranbaxy is looking to establish itself as the main pharmaceutical company in Romania over the next 18 months by investing US$10mn in its operations during 2006.The firm is currently the 7th largest drugs company in the country and has a market share of 3.4%. It is aiming to increase its annual sales by US$20mn to reach US$100mn this financial year.

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