Help Net doubles network

Pharmaceutical company Help Net Romania will invest 1.5 million euros next year in order to double the number of drugstores in its retail network to 100, the company’s general manager, Isabelle Iacob, announced on Monday. “We have doubled the number of locations this year compared with last year, with investments exceeding one million euros; our development strategy entails maintaining the same trend in 2005. We now have 33 drugstores in Bucharest and 14 more throughout the country, and will come to a total of 50 locations by the end of the year,” explained Iacob. According to Iacob, the expansion will target both Bucharest and the rest of the country, where the market shows a high demand for pharmaceutical products and services. Help Net anticipates turnover will double the 2003 figure to reach 19 million euros. ZF