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28 May 2015
28 May 2015

Sweden: Pharmacies and logistics - competitive advantage for Kronans Apotek

Kronans Apotek hopes that operating pharmacies as well as logistics business gives the company a competitive advantage when entering the market of supplying medicines to the county councils’ health care services.

The pharmacist Christian Vallentin who manages the business area Healthcare Customers & Companies at Kronans Apotek says the company decided in favour of this investment last year.

“This is a very interesting market, the borders between the medicines for inpatient and outpatient treatment are fading. Through operating both within outpatient and inpatient care we believe we have the best preconditions to be competitive.” The pharmacies and sister company in logistics make Kronans Apotek a strong partner in health care sector, and the company plans to be active in the upcoming procurements, promises Christian Vallentin.

Intelligence reporting by M-brain

Original article on Svensk Farmaci in Swedish language
23 April 2015
23 April 2015

Finland: Oriola-KD’s Q1/2015 results meet expectations

Oriola-KD has published its Q1/2015 results, reporting the operating profit before non-reoccurring items to amount to EUR 13.1 million. The equivalent figure last year was EUR 13.5 million.

Earnings per share were EUR 0.05, as in last year and net sales increased to EUR 411 million. Analysts had previously forecasted the net sales to reach EUR 397 million.

The company expects the 2015 net sales to remain on the same level as last year, at about EUR 1.61 billion. According to the company CEO Eero Hautaniemi, new agreements signed in 2014 generally increased Swedish wholesale business.

“The Swedish business grew and operating profit excluding non-recurring items remained at the previous year's level. Swedish retail business’ operating profit increased due to sales growth and good cost control, even though the new high-priced and low-margin specialty drugs decreased percent of gross margin", Hautaniemi says.

Intelligence reporting by Global Intelligence Alliance

Original article on Arvopaperi in Finnish language

Similar article on Talouselämä in Finnish language

Similar article on Kauppalehti in Finnish language
25 March 2015
25 March 2015

Sweden: Kronans Apotek to train newly arrived pharmacists

In cooperation with Arbetsförmedlingen, Kronans Apotek offers pharmacists, who have just arrived to Sweden, six-month trainee positions at almost 200 pharmacies. Sveriges Farmaceuter’s head Kristina Niemi welcomes the initiative.

According to Kronans Apotek, the estimations show at least 200 pharmacists have arrived to Sweden recently, mainly from Syria. Through the trainee job, they are given an opportunity to practise Swedish and get to know Swedish pharmacies, thus entering the Swedish labour market faster, the company writes in its release. At the same time, the move is hoped to compensate the lack of pharmacists in certain parts of Sweden.

Intelligence reporting by Global Intelligence Alliance

Original article on Svensk Farmaci in Swedish language

Similar article on Läkemedelsvärlden in Swedish language 

Similar article on Dagens Apotek in Swedish language 
12 March 2015
12 March 2015

Sweden: Many measured blood pressure at Kronans Apotek

About 1 400 customers used the opportunity to measure blood pressure at the pharmacy during Kronans Apotek’s campaign.

The campaign lasted for two weeks in the end of February and beginning of March, and the service was available for free at 90 pharmacies.

Kronans Apotek will continue to provide this service for free for the customers of its customer club. Blood pressure can also be measured at Apotek Hjärtat’s and Apoteket AB’s pharmacies, among others.

Intelligence reporting by Global Intelligence Alliance

Original article on Dagens Apotek in Swedish language
11 March 2015
11 March 2015

Finland: Biohit agreed on the distribution of Acetium products with Oriola Oy


The agreement will enter into force in the second half, replacing the earlier distribution agreement in Finland. The companies do not disclose the value of the contract, but will Oriola Oy gets exclusive rights to Acetium capsule and Acetium lozenge distribution in Finland.

"We look forward to cooperation with Biohit. Oriola's strengths are service attitude, long experience in the sector, efficient and reliable logistics and the leading brands known by the customers. The Acetium family of products will allow us to serve our customers with a broader product portfolio. We believe that this innovative product  has opportunities also in new markets, "  Jarkko Kiuru from Oriola Oy says.

Intelligence reporting by Global Intelligence Alliance

Original article on Kauppalehti in Finnish language 

5 March 2015
5 March 2015

Finland’s pharmacy system is good, says CEO of Oriola-KD

The Finnish pharmaceutical market continues to grow annually by two percent, despite of the economic situation. In Finland Oriola-KD sells medications to pharmacies, which in turn sell them to the consumers, while in the Swedish market Oriola-KD is a pharma retailer. Despite the effective chain-store operations in Sweden, where several hundreds of pharmacies are simultaneously managed, the CEO of Oriola-KD Eero Hautaniemi chooses to compliment the Finnish pharmacy system instead. “Finnish pharmacy system is good, reliable and efficient", Hautaniemi says.

Intelligence reporting by Global Intelligence Alliance

Original article on Kauppalehti in Finnish language
4 February 2015
4 February 2015

Sweden: Heart and lungs in focus at Kronans Apotek

Kronans Apotek in Nynäshamn will work actively to spread information on heart and lung diseases. The pharmacy chain launched recently cooperation with Swedish Heart and Lung Association. February is the “month of the heart” in the organisation, which can be noticed also at the pharmacies.

“There is a great need for advising and spreading information on medicines among those who suffer from heart or lung diseases. A well-functioning medicine use is very important for the customer, the society and for us as the pharmacy operator,” commented Lars Birkeland, the CEO at Kronans Apotek.

Intelligence reporting by Global Intelligence Alliance

Original article on Nynäshamns Posten in Swedish language
30 January 2015
30 January 2015

Sweden: Apoteksgruppen and Lloyds extend their contract with Oriola AB

Oriola AB continues to handle purchasing, warehousing and distribution of self-care products for Apoteksgruppen and Lloyds pharmacies. The new agreements are valid until 2017. The first contract was signed in 2012, when several chains found that they needed help from each other to build up a competitive purchasing and product supply. Back then, even Vårdapoteket (now acquired by Apotek Hjärtat) and Medstop (now a part of Kronans Apotek owned by Oriola-KD) participated in the cooperation.

Intelligence reporting by Global Intelligence Alliance

Original article on Dagens Apotek in Swedish language
15 January 2015
15 January 2015

Sweden: Kronans Apotek begins to sell Apofri products

Apoteket AB was the first out with its own OTC medicine brand. The chain launched Apofri in 2010, today the most successful OTC medicine brand in terms of the number packages sold. Until now, Apoteket AB was the only one selling these products but starting from February those will be available also at Kronans Apotek.

“Apofri is a well-known brand with high quality and good price. It has a wide product range and they sell well at pharmacies,” commented Andreas Rosenlund, Information Director at Kronans Apotek.

Intelligence reporting by Global Intelligence Alliance

Original article on Dagens Apotek in Swedish language
19 December 2014
19 December 2014

Finland: Oriola-KD sells its central warehouse in Sweden

Pharmaceutical company Oriola-KD has sold its central warehouse in Sweden to Tribona Ab. The warehouse, located in Mölnlycke, was acquired by Tribona Ab with a purchase price of SEK 205 million.

Oriola-KD will still continue to operate in the premises as a tenant, with a long term lease. The sale enabled Oriola-KD to list a non-recurring gain with a value of EUR 9.1 million to its fourth quarter results.

Intelligence reporting by Global Intelligence Alliance

Original article on Talouselämä in Finnish language
12 December 2014
12 December 2014

Oriola-KD plans to expand in Sweden

Oriola-KD plans to enter into new business segments in Sweden. According to the CEO Eero Hautaniemi, the company is interested in segments previously controlled by Apoteket AB, such as supplying healthcare with medicines and the market of dose dispensing of medicines.

After selling its about 230 pharmacies in Russia, Oriola-KD will now set stronger focus on Finnish, Swedish and Baltic markets. In Sweden, Oriola-KD owns and operates the wholesaler Oriola AB and Kronans Apotek, the second largest private pharmacy chain in Sweden after Apotek Hjärtat. The latter was recently acquired by Ica and grows notably when merging with Ica’s Cura pharmacy chain. According to Eero Hautaniemi, this is a positive change as there are no more short term owners left in the pharmacy market, and Ica is a large and professional player.

Intelligence reporting by Global Intelligence Alliance

Original article on Dagens Apotek in Swedish language
9 December 2014
9 December 2014

Finland: Oriola-KD sells its business to CJSC Apteki 36.6

Finnish pharmaceuticals and health care company Oriola-KD is divesting all its business in Russia. The buyer is Russian pharmacy chain CJSC Apteki 36.6. The cash and debt free sales price is EUR 56mn and it has been paid in cash. Oriola-KD estimates it will recognise a loss estimated at EUR 26mn from the sale. According to CEO Eero Hautaniemi, competition on the Russian market has been strong for several years and price regulation has made operations difficult. The Ukraine crisis has made business even more difficult. After the deal, Oriola-KD's profitability will improve from 2013. Operating profit excluding non-recurring items will grow from 2013.

Original article on Helsingin Sanomat in Finnish language

Similar article on Keskisuomalainen in Finnish language

Similar article on Kauppalehti in Finnish language

Similar article on Arvopaperi in Finnish language

Intelligence reporting by Global Intelligence Alliance
4 December 2014
4 December 2014

Sweden: Kronans Apotek presents its new private label selection

One year after Medstop and Kronans Droghandel merged presents Kronans Apotek its new private label selection. It includes a wide range of luxurious and nourishing skin care products, developed in cooperation with international experts of biochemistry and skin care.

Three different series are available in the Kronans Apotek’s private label product range: Kronans Extra Care, Kronans Selected Formula and Kronans basserie.

Intelligence reporting by Global Intelligence Alliance

Original article on Tidningen Kosmetik in Swedish language
2 December 2014
2 December 2014

Finland: Oriola Oy acquires Rīgas Elizabetes Aptieka

Oriola Oy has announced that it is to strengthen its position in the Latvian pharmacy market by acquiring the “Rīgas Elizabetes Aptieka” pharmacy based in downtown Riga. Earlier in the year Oriola Oy acquired “InternetAptieka.lv” online pharmacy. Rīgas Elizabetes Aptieka pharmacy will be added under the InternetAptieka.lv umbrella and is to carry on the same name.

Rīgas Elizabetes Aptieka offers prescription medication, a wide range of non-prescription medicines and commodities, as well as advice and assistance in relation to the products.

InternetAptieka.lv offers OTC medicines and other related items. The ordered products can be collected from Rīgas Elizabetes Aptieka as well.

Intelligence reporting by Global Intelligence Alliance

Original article on Arvopaperi in Finnish language

Similar article on Kauppalehti in Finnish language

Similar article on Talouselämä in Finnish language
1 December 2014
1 December 2014

Finland: Roche Oy and Oriola to continue cooperation

Oriola Oy and Roche are to carry on their business cooperation. Oriola will continue as a pharmaceutical wholesaler for Roche’s medicines and will act as the responsible partner for warehousing and distribution in the Finnish market.

"We are very pleased for the trust Roche has shown on us and the continuation of the long-term partnership", comments Kimmo Virtanen, Managing Director, Oriola Oy.

"Roche’s product portfolio consists mostly of sensitive biological drugs. In distribution of biological drugs, a high-class and high-quality distribution service is of utmost importance”, adds Titus Gylvin, General Manager, Roche Oy.

Intelligence reporting by Global Intelligence Alliance

Original article on Roche in Finnish language
28 November 2014
28 November 2014

Sweden: Kronans Apotek has the best Marketing Manager in Sweden, says Resumé

The journal Resumé has decided that Minna Dahlberg from Kronans Apotek is this year’s best Marketing Manager not only within the pharmacy category but among all the sectors and brands that the jury evaluated. The jury emphasised Minna Dahlberg’s work with creating a new brand after the chains Medstop and Kronans Droghandel merged.

Starting from 2010, Minna Dahlberg participated in building up the Medstop chain that later was acquired by Oriola-KD and merged with Kronans Droghandel, creating Kronans Apotek. According to Minna Dahlberg, the effect of the brand change introduced about a year ago is now visible in a form of clearer grafic expression, a customer club with over a million members today, and beautiful pharmacies.

The other nominees in the pharmacy category were Apoteket’s Johan Landeström, Apotek Hjärtat’s Fredrik Kullberg, Eva Thorén Hultman from Apoteksgruppen, and ICA-owned Cura’s Elisabet Lundberg-Uller.

Intelligence reporting by Global Intelligence Alliance

Original articles on Resumé and Dagens Handel in Swedish language

Another similar article on Resumé in Swedish language

Similar article on Dagens Apotek in Swedish language
18 November 2014
18 November 2014

Sweden: New Kronans Apotek opens in Ronneby

7 November 2014
7 November 2014

Sweden: Kronans Apotek’s new Sales Manager comes from Hjärtat

6 November 2014
6 November 2014

Sweden: Kronans Apotek's Rosenlund says expanding pharmacies’ responsibilities society can cut costs considerably

18 September 2014
18 September 2014

Sweden: Kronans Apotek organises campaign for returning old medicines

11 September 2014
11 September 2014

Sweden: Largest chains have strongest brands

19 June 2014
19 June 2014

Sweden: Kronans Apotek opens new pharmacy in Visby

9 June 2014
9 June 2014

Sweden: Oriola making a long-term investment in Lean

30 May 2014
30 May 2014

Sweden: Better advice at pharmacies could save billions of crowns, says Kronans Apotek

26 May 2014
26 May 2014

Sweden: Kronans Apotek launches new pharmacy concept

6 May 2014
6 May 2014

Sweden: Kronans Apotek wants increased consultations at pharmacies

24 April 2014
24 April 2014

Oriola-KD greatly improves profit results

9 April 2014
9 April 2014

Sweden: Successful change of IT-system for Kronans Apotek

31 March 2014
31 March 2014

Sweden: Pharmacies want to get closer to health care

27 March 2014
27 March 2014

Sweden: Kronans Apotek pharmacy nominated for its store concept

18 March 2014
18 March 2014

Sweden: Kronans Apotek will open a pharmacy at Coop in Timrå

18 March 2014
18 March 2014

Sweden: Kronans Apotek’s number of pharmacies approaches 300

12 March 2014
12 March 2014

Sweden: Cheaper copies should be an option even for non-reimbursed medicines, says Kronans Apotek

21 February 2014
21 February 2014

Sweden: Kronans Apotek to focus on diabetes

19 February 2014
19 February 2014

Kuisma Niemelä to be part of Oriola-KD board

12 February 2014
12 February 2014

Sweden: Positive year for Oriola-KD in Sweden

5 February 2014
5 February 2014

Sweden: Name change to Kronans Apotek has been a success

19 December 2013
19 December 2013

Russia: Konstantin Minin appointed VP of retail and wholesale at Oriola-KD Russia

2 December 2013
2 December 2013

Sweden: Kronans Droghandel and Medstop become Kronans Apotek

29 November 2013
29 November 2013

Sweden: The new Kronan will have a cooperative agreement

21 November 2013
21 November 2013

Russia: Managing Director at Oriola Russia Henry Fogels leaves company

25 October 2013
25 October 2013

Oriola-KD improved but Russia is still a problem

23 October 2013
23 October 2013

Sweden: Kronans Droghandel to be renamed as Kronans Apotek

19 September 2013
19 September 2013

Sweden: Kronans Droghandel to open a pharmacy in Ängelholm in 2014

28 August 2013
28 August 2013

Sweden: Kronans Droghandel opens new pharmacy in Mantorp

25 July 2013
25 July 2013

Finland: Non-recurring items have led Oriola-KD to operating loss in Q2

25 July 2013
25 July 2013

Finland: Oriola-KD's share in Russian market grows regardless of losses

26 June 2013
26 June 2013

Oriola-KD to have a new logistics center in Moscow

4 June 2013
4 June 2013

Finland: Oriola-KD has completed the acquisition of Medstop

29 May 2013
29 May 2013

Sweden: Competition Authority approves recent pharmacy chain acquisitions