In October 2016, the PHOENIX group strengthened its presence in the Balkan markets by acquiring Farmegra d.o.o. and Apoteka Lijek PZU in Montenegro.
Farmegra is a leading pharmaceutical wholesaler in Montenegro since 1998. Based in Podgorica, the company employs around 100 people and services approximately 180 pharmacies in the country. Farmegra also provides a wide range of pharma services to pharmaceutical clients. Apoteka Lijek PZU is the largest private pharmacy chain in Montenegro with a network of 37 pharmacies nationwide. The 150 employees offer high quality patient services and a reliable supply of medicines.
Via its subsidiary Evropa Lek d.o.o. the PHOENIX group is providing pre-wholesale services for the pharmaceutical industry in Montenegro.