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Saturday, 20.04.2024, 10:41
Euroapteek not planning to leave Estonian market
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"Euroapotheca Group is not
considering divesting its Estonian businesses in the near future," Euroapotheca Group CEO Ruta Lapinskiene told BNS.
Amendments to the Medicinal Products Act and the Health Services
Organization Act adopted by the Estonian parliament in May 2014 make it illegal
from April 1, 2020 for persons holding an activity license for the wholesale
distribution or manufacturing of medicinal products or a health service
license, or undertakings related to these undertakings via dominant influence
for the purposes of the Competition Act, to be shareholders or members of a
private legal person holding a general pharmacy license.
The Euroapteek brand belongs to
the company Euroapotheca, which
operates over 400 drugstores in Latvia, Lithuania, Estonia, Poland, and
Ukraine. Euroapotheca belongs to Vilniaus Prekyba, a holding company
belonging to the owner of Maxima retail chain.
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