Jelfa continues its growth and looks to take a larger share of the Russia market
Jelenia Gora-based pharmaceutical producer, Jelfa has opened a
representative office in Moscow and may establish one in Ukraine by the end
of the year. The company was able to weather the 1998 international
financial crisis thanks to a strategy of strengthening its position on its
main markets. In this way, Jelfa found new partners and introduced several
new drugs onto the market. In 2001 exports reached nearly zl. 56 million,
23% of its overall sales. The company is currently working on some 50 new
drugs. This year, Jelfa will invest around zl. 60 million, mainly in
constructing a new laboratory and expand its quality control section.
(Rzeczpospolita, p. B3) M.K.