GlaxoSmithKline (GSK)has announced that it will create 100 new jobs at its factory in Brasov, as it relocates production of anti-depressant Seroxat and HIV treatment Retrovir to Romania.
Production of Retrovir at the Brasov plant is to start in the second half of this year, and first exports are scheduled for Q1 2011, after registration procedures are completed. The ultimate level of output, of more than 10 million capsules per year, is to be reached by 2011.
In 2010 the factory will reach maximum output of Seroxat. Exports of the drug, which will be sold to more than 85 markets, are expected to bring €300m in revenues over the next three years.
The Brasov plant currently employs 300 people. GSK acquired it in 1998 after its $29.25m (€20.7m) takeover of Europharm Brasov.
internet service providing market news and sector articles
For a broad overview of the market in Poland, Polish market Online is the news service of choice. Covering a wide scope of news, articles and market data pertaining to the Polish economy, approximately 60 news briefs and articles are updated monthly. Archives start from 2003. With full customisation functionality, a personalised newsletter can be tailored to filter for specific topics and an alert sent directly to your e-mail account.
Subscription 1 year
Language: English
Delivery: online access
1 year subscription: (52 issues of weekly news and 12 issues of monthly analyses)
Polish Market Review is an English language information service for business professionals who are investing, managing investments, or marketing products on the Polish market. Having been published since 1995, it has won senior management's recognition in many companies as the most trusted source of business information on the Polish market. Polish Market Review will keep you up to date with the latest information on the overall state of the country’s economy (chiefly through macroeconomic indicators).
Date: Periodic publication
Language: English
Delivery: PDF file
PMRis a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.
PMR Online Access
Browse and search in our archive »
Subscribe to PMR RSS NEWS channels » 
