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Operating environment

The Nordic pharmaceutical market grew slightly during February–October 2009. The growth in Denmark (4.9%) resulted from hospital sales, while the size of the pharmacy sector stayed at the previous level. The growth in Norway (4.2%) resulted mainly from lower price decreases in pharmaceutical products than last year.

In Latvia and Lithuania, the economic slowdown strongly impacted consumer demand, leading also to a decline in pharmaceutical sales. The Estonian pharmaceutical market has not been impacted as strongly and the market grew slightly.

In Poland, the stable pharmaceutical growth continued during the third quarter.



 

Tamro Interim Report February–October 2009. Published 15 December 2009. Copyright © 2009 Tamro Group. All rights reserved.

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