Our Territories
PharmaSwiss operates in 19 countries, including 17 in Central and
Eastern Europe consisting of Albania, the Baltics (Estonia, Latvia and
Lithuania), Bulgaria, Czech, the ex-Yugoslavia countries (Bosnia and
Herzegovina, Croatia, Kosovo, Macedonia, Montenegro, Serbia and Slovenia),
Greece, Hungary, Israel, Poland, Romania and Slovakia.
In the challenging economic and political environment over the past
three years, the Central and Eastern European region has made impressive
achievements in structural reform, economic growth and deepening
democratization. 11 of our PharmaSwiss’ 19 countries are now EU members,
and seven of the remaining (including most recently Serbia) are formally
confirmed as EU candidate members, which means they have been approved
to enter the EU accession process. Israel, our nineteenth country, has
also made remarkable economic progress, and was recently brought to the
fraternity of developed economies, being named an OECD country in 2010.
Certainly, some of the greatest challenges lay ahead – the worldwide
recession revealed an overhang of debt, both public and external, in
several countries of the region. Yet in spite of the risk inherent in
doing business in our region, opportunities abound for multinational
healthcare companies. The region is growing faster than most of Western
Europe, and the main economies of the region such as Czech and Poland,
are emerging from the recession almost unscathed, with secular growth
rates returning to baseline. Healthcare spending remains in most
countries at less than half the EU norm, and the opportunity is clear.
PharmaSwiss was formed with a focused agenda: To help our partner
healthcare companies to penetrate the markets of our region faster. In a
word, PharmaSwiss helps companies seize the opportunity of entering
Europe’s fastest-growing markets, while managing the risk.
|
| Country |
GPD per capita US$ |
Population |
| Albania |
6,400 |
3,639,453 |
| Bosnia and Herzegovina |
6,400 |
4,613,414 |
| Bulgaria |
12,500 |
7,204,687 |
| Croatia |
17,500 |
4,489,409 |
| Czech Republic |
24,900 |
10,211,904 |
| Estonia |
18,500 |
1,299,371 |
| Greece |
31,000 |
10,737,428 |
| Hungary |
18,800 |
9,905,596 |
| Israel |
28,400 |
7,233,701 |
| Kosovo |
2,500 |
1,804, 838 |
| Latvia |
14,400 |
2,231,503 |
| Lithuania |
15,500 |
3,555,179 |
| Macedonia |
9,100 |
2,066,718 |
| Montenegro |
9,800 |
672,180 |
| Poland |
17,900 |
38,482,919 |
| Romania |
11,500 |
22,215,421 |
| Serbia |
10,600 |
7,379,339 |
| Slovakia |
21,100 |
5,463,046 |
| Slovenia |
27,700 |
2,005,692 |
|