Selling Farmexim after 28 years of activity does not mean that founder Ovidiu Buluc is retiring from managing the group. On the contrary.
German farma giant Phoenix, conducting activities in wholesale and farma retail, received unconditional approval from the European Commission to acquire distributor Farmexim and pharmacy chain Help Net, developed by entrepreneur Ovidiu Buluc.
Farmexim is the biggest 6th entrepreneurial company in Romania, as ranked by Ziarul Financiar
Ovidiu Buluc: „It is very important to have a stable, predictible environment where one can set up reachable objectives with no fear that important matters could change”.
After 27 years of doing business in the pharmaceutical domain, Ovidiu Buluc is a content entrepreneur: he built a solid business that set milestones on a very competitive market.
Farmexim, the business that entrepreneur Ovidiu Buluc started 27 years ago, is one of the most popular names in the pharmaceutical market.
After 27 years of doing business in the pharmaceutical domain, Ovidiu Buluc is a content entrepreneur: he built a solid business that set milestones on a very competitive market.
Farmexim, the largest distributor of pharmaceutical products, relying on 100% Romanian share capital, launched BENEFICA, a partnership programme dedicated to all pharmacies willing to improve their business performance and to remain independent at the same time.
On March 15th 2017, Farmexim launched Benefica, a programme dedicated to all independent pharmacies for consultancy, training programmes and support in performing management activities.
Farmexim is the biggest 6th company in Romania that is controlled by a Romanian entrepreneur, as ranked by Ziarul Financiar.
Farmexim can be found on the third place in the top of the largest drug distributors in Romania carried out by de Ziarul Financiar in the annual reference book “The largest players in the economy in 2016”.
The largest five drug distributors in Romania had a turnover of more than 10 billion lei last year, achieved with less than 4.000 employees. Farmexim is the third largest drug distributor in Romania.
Farmexim can be found on the sixth place in the top of the largest entrepreneur companies in Romania carried out by Ziarul Financiar in the annual reference book “The largest players in the economy 2016”.
Farmexim drug distribution company ended the last year with an increase of 20% of its turnover.
The most important actors of the local business environment evaluate the last seven years on personal and professional level and take a glance at the next seven years in the light of the lessons they have learned so far.
Ovidiu Buluc about the changes in the Romanian pharmaceutical market in the special report of the American publication Pharma Boardroom regarding the medical and pharmaceutical industry in Romania.
In an environment governed by continuous change, the computerization of warehouses might represent a powerful tool meant to face new challenges of the supply chain, creating a competitive advantage at the same time. The number of Romanian companies that started to understand this phenomenon is increasing.
Currently one of the most influential business women of the time, Alina Barcaru is the IT and Logistics Managing Director of Farmexim being responsible for the coordination of all IT and logistics processes of internal supply, but also for the management of warehouse stocks belonging to the distributor.
Farmexim drug distributor bought recently six medium motor vehicles produced by Volvo Trucks for national distribution.
Farmexim group, consisting of Farmexim companies – importer and distributor of pharmaceutical products, Help Net – national pharmacy chain and Green Net, inaugurated this month its new logistics centre in, an investment of 16 million Euros.
This year, drug distributor Farmexim, governed by the business man Ovidiu Buluc, is expecting a net profit margin of approximately 1.4% from its turnover.