manufacturers

Strong Profit Growth for Serbia’s Pharmaceutical Producers in 2024

Manufacturers of basic pharmaceutical products in Serbia have reported impressive financial outcomes for 2024, showcasing significant revenue growth and improved profitability despite only modest increases in production volumes. The overall revenues for the sector reached approximately €11.3 million, while net profits totaled around €1.4 million, indicating a continued financial strengthening compared to the previous year. Leading the sector in profitability was Medico Domus d.o.o. based in Niš, which achieved a net profit of approximately €860,000, surpassing its competitors. The company's…