PHF to restructure before re-launching on the bourse

"So far the holding plant's activities were aimed at reducing its existence, even without planned savings," said Milewski. "One cannot effectively manage such structure. Over the past few years it has lost 30% of the market. One uniform and consolidated entity should be created, which would enable better use of the company's potential." He went on to say that PHF would look for partners both state owned as well as private whose entrance into the holding would contribute to developing its product offer.The restructured entity could be floated on the bourse within the next three years. "Priority is harmonization, which is adjusting documentation of drugs registration to EU standards. We set up a special team consisting of the best specialists from Polfas, which will handle registration process," said the CEO. (Puls Biznesu, pp. 1, 8) M.M.