Help Net Expects Turnover Of 55 Mln EUR

F.A.
Ziarul BURSA #English Section / 19 februarie 2007

Help Net Farma is part of the Farmexim group, which reported a turnover of 141 million EUR in 2006. For 2007, the group estimates a turnover of 195 million EUR, based on a development strategy in complience with EU standards.

At the end of 2006 Help Net posted 38 million EUR in turnover, up 46% from 2005, and for 2007 the company forecasts a turnover of 55 million EUR. Dermatocosmetics account for a significant percentage of the company"s sales and are expected to weigh 20% in Help Net turnover this year.

Help Net ccontinues its development strategy on the retail market by investing over 2,5 million EUR in infrastructure, systems, human resources and branding. Help Net Farma evaluates new development oprtunities, including the option of brownfield investments which will most likely materialize this year.

Another important aspect related to Help Net"s investment plans for 2007 regards the professional developments projects. Help Net plans to implement in 2007 - 2010 an innovative project for Romania, namely the Help Net Corporate University.

Help Net is one of the largest pharmacy networks in Romania, with 95 farmacies throughout the country and over 800 employees.

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