24.05.2013

CEO of Oriola-KD: The setbacks regarding the Russian market are temporary

Oriola-KD started to build its position in the Russian market about five years ago. The move is easy to understand if one takes a look at the growth forecasts. IMS Health predicts that the medicine market will increase only 0.3% during the next four years in Finland and 0.5% in Sweden, whereas in Russia 11% growth has been predicted. Last year the Russian market accounted for 39% of Oriola KD’s revenue.

Despite the good growth forecasts, Russia is not an easy market. In the first quarter of the year Oriola-KD experienced excessive IT troubles. There were problems in the launching of the new storage managing system and the company lost market share in the Moscow area, where margins are typically good.

"I believe that we can restore the lost market share in a few months", CEO Eero Hautaniemi says in an interview.

Intelligence reporting by Global Intelligence Alliance

Original article on Arvopaperi in Finnish language

17.05.2013

Sweden: Oriola AB starts using DB Schenker real-time temperature monitoring system

DB Schenker has introduced a monitoring system that allows following the temperature of delivered goods in real time via computer. „Our new monitoring system is a contribution that, among others, pharmaceutical industry sees as something very positive,“ said Mats Grundius, the Head od Division Land within Schenker AB. All the daily deliveries of DB Schenker to Sweden's 1 350 pharmacies are monitored by the new system which follows temperature throughout whole transport chain.

Oriola AB is one of the first among DB Schenker’s clients to use the system. „The quality in our service is not a means for competition, it is a prerequisite for handling goods in our work. Cooperation with DB Schenker and the possibility of traceability on the delivery level and temperature monitoring in real time is an important part for guaranteeing quality throughout whole our distribution chain. We are very pleased to be among the first of DB Schenker’s customers to use the new monitoring system,“ said Susanne Regestam, Quality Manager at Oriola AB.

Intelligence reporting by Global Intelligence Alliance

Original article on Trailer.se in Swedish language