€10.5 Million Pharmaceutical Factory Opens in Vukovar
- by croatiaweek
- in Business
A brand new pharmaceutical factory producing medicines, syrups and a range of medical ointments and creams has opened this week in the Croatian town of Vukovar…
Yasenka, which is located in Borovo on Vukovar’s outskirts, is opened by Syria-native Mohamed Radwan Joukhadar, who since arriving in Croatia in 1969 has accumulated a pharmaceutical empire, owning over 30 pharmacies around the country.
“Our market for this factory will be the entire world. Our aim is to sell these products from Vukovar not just to a few pharmacies in Croatia. We have to go beyond that. There are 25 million people in Syria alone and the recently devastated town of Alep in Syria has a population of five million. These regions will recover and we are counting on that market,” Joukhadar, who has invested 10.5 million euros into the factory, said.
Joukhadar, who stayed in Croatia ever since arriving from Syria in the 1960’s, will add another 15 people to the already 585 he employs in pharmacies in Vukovar, Split, Zagreb, Ljubljana and Sarajevo.
