SICOMED TAKEOVER RAISES ZENTIVA'S TURNOVER

Czech pharmaceutical company Zentiva estimates its turnover will be almost tenfold higher this year than last year, following the takeover of Bucharest-based Sicomed drug producer, ACT Media news agency reports. Zentiva made 10.4 million euros from sales last year, not taking into account Sicomed's results. "We expect consolidated results of around 100 million euros group-wide for this year," said Mariana Wencz, country manager of Zentiva Romania.

Reporter.gr (http://www.reporter.gr/fulltext_eng.cfm?id=60301155632)