ZF English

Ilie Vonica builds drug plant from scratch and starts production in 2011

Autor: Adriana Rosoga

03.11.2010, 00:09 63

Businessman Ilie Vonica of Sibiu, 55, who invests inpharmaceutical drug distribution and retail, private clinics,dialysis centres and in vitro fertilisation centres, is set toenter drug production, in the wake of total investments worth"several tens of million euros" in four sections.


This is one of the few greenfield projects in domestic drugproduction after 1990 and becomes the only large productionfacility owned by a Romanian entrepreneur.
Except Antibiotice Iaşi controlled by the Health Ministry, alllarge Romanian pharmaceutical drug plants have been bought bymultinationals.
"With very few resources from banks, with the aid of the EU fundswe've gained, we'll start drug production. Early next year, in thefirst quarter, we'll start producing solid generics. The secondsection, producing oncology injectables, we hope will be ready bythe end of next year. Our production will go to both the domesticmarket and to exports," Ilie Vonica, chairman of Polisano group offirms, told ZF.
The plant currently has 30 employees, but Vonica did not provideany details about how many people will be hired next year for thetwo sections to be opened.

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