Bulgaria's Sopharma Trading to Grow Operations in Serbia, SEE

Bulgaria's Sopharma Trading to Grow Operations in Serbia, SEE

Bulgarian drug distributor and retailer Sopharma Trading [BUL:SO5] plans to expand its operations on the Serbian market and to become a strategic investor in Southeast Europe (SEE), it said. Sopharma Trading is planning to implement its successful diversified business model in Serbia and SEE, bringing the world's best practices, technology and innovations, the company said in a statement on Thursday. The first step will be to become leader in Serbia by expanding significantly the company's operations and logistics potential, Dimitar Dimitrov, CEO of Sopharma Trading, said. This development will be used as a basis for regional expansion, "since Sopharma Trading sees the whole region of Eastern Europe and in particular Balkans as a vast opportunity for growth," Dimitrov added.

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