“Tender for pharmaceutical company to be called in January”

BELGRADE Finance and Economy Minister Mladjan Dinkic has announced that a tender for a strategic partner for Galenika pharmaceutical company will be called in January. “Galenika has piled up debts worth EUR 170mn and employed 800 people without any economic logic in the past years,” he wrote on his Twitter account. “Tender for pharmaceutical company to be called in January” The minister explained that losses in the Belgrade-based company had been inevitable with such business policies. The Serbian government gave its consent on December 21 to seek a strategic partner for Galenika. The Finance Ministry and Galenika management will be in charge of all necessary activities aimed at finding a strategic partner, the government has released. The Labor, Employment and Social Policy Ministry and the Finance and Economy Ministry will be in charge of implementing a severance pay program for Galenika workers. Mladjan Dinkic (Beta, file) Tanjug

“Tender for pharmaceutical company to be called in January”

The minister explained that losses in the Belgrade-based company had been inevitable with such business policies.

The Serbian government gave its consent on December 21 to seek a strategic partner for Galenika.

The Finance Ministry and Galenika management will be in charge of all necessary activities aimed at finding a strategic partner, the government has released.

The Labor, Employment and Social Policy Ministry and the Finance and Economy Ministry will be in charge of implementing a severance pay program for Galenika workers.