2023-07-06 19:30:18
The Association of Pharmaceutical Companies of Greece calls for transparency in the distribution of medicines in all links of the supply chain “and especially to wholesalers”, aiming its arrows at the pharmaceutical warehouses and the profit margins that some wholesalers obtain from parallel exports. “For example, the prices in our local market range at 1/4 or 1/5 of the price of the same preparations in Germany and this huge profit margin pushes some Greek wholesalers to prefer exports,” he says in a statement. Responding to an announcement by the EOF on the issue of shortages and the measures to be taken by, among others, pharmaceutical companies, SFEE points out that the significant increase in stocks “will not reduce the shortages” if transparency and control are not ensured in the distribution chain, stressing that such a thing “will bring about a dramatic increase in costs in the industry”.
Christos Tarantilis at EY Greece
It may be that politics and especially the Parliament lacks a competent and educated person, but EY “won” him. The reason for Mr. Christos Tarantilis, who takes over as head of the Central Administration and Public Sector of EY Greece. It is recalled that in the previous Parliament, Mr. Tarantilis was a Member of Parliament of the State of N.D., while he had been a government representative from January 4, 2021 until February 28, 2021, when he resigned. Of course, Mr. Tarantilis is also a university teacher, a professor of Administrative Science and
of Technology at the Athens University of Economics and Business.
Acquisitions continue in the IT sector
Acquisitions in IT are unabated. One of the most recent provides for the acquisition of 60% of Advanced Management Solutions Ltd by Real Consulting for an amount of 1.6 million euros. The company has the possibility to acquire the remaining 40%, having signed a put/call option accompanied by a predetermined price based on operational profitability. Through acquisitions companies strengthen their position in the market.
A fall in housing prices is coming in the Eurozone
House prices in the Eurozone have fallen sharply and the decline will continue, estimates Capital Economics. This will weigh on construction activity and household consumption, and help keep the Eurozone in recession in the coming quarters.
The latest figures show that house prices in the Eurozone fell by a cumulative 2.6% in the fourth and first quarters. While national data suggests prices may have rebounded slightly in the second quarter, that won’t last, he points out. “House prices will decline further as the impact of tighter monetary policy continues to feed into the economy,” the house stresses.
The dress code went for a walk
Mr. Vakakis, head of Jumbo, usually causes a sensation with his positions on the Greek economy, society and often on his competitors. Placements usually pessimistic, cynical and scathing. Yesterday, however, his clothing choices also caused a sensation. During the annual general meeting of shareholders, he appeared in white bermuda shorts and a white shirt, while white suspenders could be seen through the shirt as an accessory to the bermuda shorts. The truth is that yesterday was a hot day, while informal dress codes have been increasingly simplified in recent years. After all, we saw it at the swearing-in of the new members of parliament.
When you have a turnover close to 1 billion euros, you have a net profit of about 250 million.
euros, zero borrowing and one of the most powerful “funds”, perhaps even more easily indifferent to dress codes and protocols.
#Arrows #SFEE #pharmacies