Slovenia's Krka plans to increase production capacity by 40 pct in 5 years

Krka dd Novo Mesto

04/11/2015 17:17

LJUBLJANA, Nov 4 (Reuters) - Slovenian generic drugs 
producer Krka  KRKG.LJ  plans to increase its production 
capacity by 40 percent in the coming years, CEO Joze Colaric 
said on Wednesday as Krka opened a new tablet factory in Locna 
in Slovenia. 
    The factory, worth 200 million euros ($217 million), will be 
able to produce 4.5 billion pills a year. At present Krka 
produces about 13 billion pills a year. 
    "With this and other investments - at present the group Krka 
has 20 investment projects ongoing - Krka will increase its 
production capacity by 40 percent in the next five years," 
Colaric said in a written statement. 
    Krka is Slovenia's largest listed company with a market 
capitalisation of 2.2 billion euros. Its sales this year are 
expected to rise to 1.3 billion euros from 1.2 billion in 2014. 
 ID:nL5N111222  
    ($1 = 0.9211 euros) 
 
 (Reporting by Marja Novak; Editing by Mark Potter) 
 ((Marja.Novak@thomsonreuters.com; +386-1-5058805; Reuters 
Messaging: marja.novak.thomsonreuters.com@reuters.net)) 
 
Keywords: KRKA PRODUCTION/