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Bulgaria's Sopharma lifts stake in Moldovan unit, opens new warehouse

Author Mario Tanev
Bulgaria's Sopharma lifts stake in Moldovan unit, opens new warehouse Sopharma/ All rights reserved

SOFIA (Bulgaria), November 14 (SeeNews) - Bulgarian drug maker Sopharma [BUL:3JR] said on Thursday that it acquired a further 29% stake in Moldova's RAP Pharma International on November 13, increasing its stake in the company to 80%.

Sopharma also opened a new 5,000 sq. m. warehouse and administrative building in Moldova on November 12, the company said in a bourse filing.

A total of 75 people will be employed at the new warehouse, which will service the company's distribution activities in Moldova.

As at 12:25 CET on Thursday, Sopharma shares traded 1.47% lower at 3.36 levs ($1.89/1.72 euro) on the Bulgarian Stock Exchange.

Sopharma has a portfolio of over 200 products.

(1 euro = 1.95583 levs)

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