Tripoli, a city in the central part of the Peloponnese, is emerging as a key European medicine hub, with significant investments from three major pharmaceutical groups currently present in the area and two more Greek firms reportedly scouting land for potential manufacturing facilities in the region.
The significant investments by the domestic pharmaceutical industry that are already being implemented include Demo, led by Dimitris Demos, and Win Medica of the ELPEN group. Faran, led by Mario Katsikas, is also making strides with a third investment.
With a combined investment of approximately 180 million euros, these ventures are expected to generate over 1,000 highly skilled and well-compensated positions.
The pharmaceutical industry aims to meet 75% of Greece’s medication needs, up from the current 60%, potentially easing shortages significantly. Theodoros Tryfon, President of the Panhellenic Association of Pharmaceutical Industries (PEF) and co-managing director of the ELPEN group, highlighted this during the “Investments, Research, and Innovation” event in Tripoli on Saturday, March 30th, emphasizing the sector’s promising path forward.
Tripoli’s selection stems from various factors, including the investment incentives offered, notably through the just transition development plan following coal phase-outs in nearby regions like Megalopolis, in the Peloponnese. Additionally, its proximity to Athens adds to its appeal.
Furthermore, Health Minister Adonis Georgiadis revealed plans for the investment clawback to extend beyond 2025, with a scheduled meeting with pharmaceutical industry representatives in the pipeline.
Highlighting the necessity for investments, Georgiadis mentioned the government’s push for a new development bill aimed at processing, signaling to multinational pharmaceutical firms to establish production units akin to Pfizer’s hub in Thessaloniki.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Which Islands Will Have Italians Flocking to Greece this Summer?
Well-known Italian travel magazine details reasons why Skopelos, Naxos and Astypalaia are the go-to summer destinations for Italians
Antentokounmpo 5th Highest Paid Athlete in World
The basketball player rakes in 111 million dollars per year, between his salary at the Bucks and endorsements from big brands like Amazon, Nike and Pepsi
Greek FM Gerapetritis: Need to Immediately End Gaza Hostilities
Gerapetritis added that a humanitarian crisis was transpiring in Gaza, with the concerns now being spillover in the wider Middle East.
ETC Report: Greece 3rd Most Popular Destination for Europeans
Italy and Spain are tied as the top destinations, each attracting 8% of travelers
Greece Battles EC to Protect Rice Industry and Public Health
Together with several other EU countries, Greece successfully blocked the European Commission's proposal to increase allowable levels of a banned pesticide commonly found in rice imported from southeast Asia
Eurostat: 3.2% Annual Inflation in Greece in April
The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation
Intrum’s 2024 Report Unveils Greek Businesses Embrace Digitalization for Growth
Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments
IOBE: Mild Drop in April Business Confidence Index (BCI) in Greece
The positive balance of expectations for employment witnessed a marginal decline, while the index for production forecasts also recorded a mild drop
Greek PM Mitsotakis Calls on EU to Intervene Over Multinationals’ Pricing Policy
Speaking about price fairness, the Prime Minister emphasized, "Europe should also mean similar or uniform prices for the products sold by our multinational corporations.
Greenhouse Gas Emissions: 4% Decrease in EU, 0.3% Rise in Greece in Q4 2023
The EU's GDP remained stable with a marginal 0.2% increase in fourth quarter of 2023
![Ελαιόλαδο: Πώς διαμορφώνονται οι τιμές παραγωγού – Στοιχεία για το παγκόσμιο εμπόριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2024/05/olive-oil-968657_1280-600x400.jpg)
