While in talks over a change in the shareholding structure, drugmaker Terapia Cluj-Napoca reported a slight increase (in real terms) of sales and gross profit compared to 2001. The company has recovered in the past six months from the 20% drop triggered by the shutdown of a production division that was no longer profitable. The division accounted for 25% of the company’s turnover. Terapia sales last year amounted to 1,049.77bn ROL ($31.76m), up 19% since 2001. The increase outpaced both inflation (17.8%) and the exchange rate jump (6%). ZF
ZF English
Terapia boasts $7m profit
While in talks over a change in the shareholding structure, drugmaker Terapia Cluj-Napoca reported a slight increase (in real terms) of sales and gross profit compared to 2001. The company has recovered in the past six months from the 20% drop triggered by the shutdown of a production division that was no longer profitable