The history of Gedeon Richter
From 2004
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Privatization offerings in 1994, 1995 and 1997 led to a reduction in the state’s shareholding in the Company. The issue of exchangeable bonds in 2004 ensured that the Hungarian state remains a shareholder and continues to exercise its ownership rights in the medium term, enabling Richter to continue its strategy.
Today Richter has grown into a Central Eastern European regional multinational company. Unique among East European firms, the market network of Gedeon Richter covers five continents with its products reaching nearly one hundred countries around the world. The Company is present in thirty countries thanks to its four production sites, thirty representative offices, fourteen commercial subsidiaries and wholesale joint ventures. |
The market and distribution network branches into various countries in the European Union; moreover, it extends into the United States, Japan and the Eastern region. The Company operates an extensive marketing and distribution network in Hungary, the CIS and Eastern Europe.
Besides enhancing Richter’s regional multinational role, our intention remains to further enhance the Company’s multinational role in the region and to continue delivering therapeutically advanced yet affordable products. Another strategic objective is the constant renewal of our product portfolio. To realize our goals and ensure the Richter Group’s dynamic growth, the Company will continue to execute significant investments and conclude additional strategic agreements both in the field of R&D and marketing.
Until 1914
Between 1914 and 1945
Between 1945 and 1991
Between 1991 and 2003