Extensive consolidation confined to the retail industry in Russia - October 2011

In recent years consolidation on the Russian market has taken place mostly in the retail, whereas there has been stagnation on the wholesale market. In Ukraine acquisitions in both wholesale and retail pharmaceutical distribution stopped because of the more cautious policies of companies during the crisis, according to the latest PMR report “Distribution on the pharmaceutical market in Russia and Ukraine 2011”.

In Russia several chains, including A5 and Riga, have recently been active in carrying out acquisitions, whereas in Ukraine only one, the Ukrainian Pharmaceutical Holding, has been involved in such activity.