Media follow-up

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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

24 May 2013
24 May 2013

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

17 May 2013
17 May 2013

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

2 May 2013
2 May 2013

Russia: Stary Lekar and 03 nominated for HR-brand 2012 award for introducing customer service standards

25 April 2013
25 April 2013

Finland: Russia delays Oriola-KD's progress

25 April 2013
25 April 2013

Finland: Oriola-KD falls short of expectations

9 April 2013
9 April 2013

Finland: Oriola-KD and MSD made an agreement on the distribution and marketing of pharmaceuticals in the Baltics

8 April 2013
8 April 2013

Sweden: Oriola-KD buys Medstop

8 April 2013
8 April 2013

Finland: Oriola-KD is buying Medstop, the fifth largest pharmacy chain in Sweden

26 March 2013
26 March 2013

Sweden: Kronans Droghandel opens a new pharmacy in Nyköping

25 March 2013
25 March 2013

Finland: Inderes cautiously positive in regard to Oriola-KD