Drugs distributors to battle for state-owned Cefarm

Both competitors are interested in the firm, its 48 drug stores and e-pharmacy. "The firm will supplement our capital group in that region of Poland, where we are not among the local leaders. Certainly we shall reply to the state's invitation to participate in negotiations," said Dariusz Kiczek, financial director of Farmacol. According to the statements of the ministry, the privatization process should commence in H1 2008. According to declarations of Farmacol, its planned expenditures on investments will stand at roughly zł.50 million, while PGF did not provide such information.