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Article: ALBANIA: ONLY ALBANIAN COMPANIES BID FOR PHARMACEUTICAL PLANT.(Brief Article)(Statistical Data Included)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- August 29, 2000
CopyrightCOPYRIGHT 2000 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Three Albanian companies--Aldosch, Aplas, and Kneo--have entered bids for the purchase of an 88 percent stake in Albania's largest pharmaceutical company, Profarma, "Albanian Daily news" reported. There were no foreign bidders, according to the National Privatization Agency. Profarma was founded in 1948 and has produced about 350 different drugs since then. It employs about 180 people, currently produces about 130 products, and covers a third of the ...
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