A leading pharmaceutical
wholesaler and retailer
in the Baltic States

Medications/Veterinary products/Dental care/Logistics

  • Clients 1mil+
  • Employees 1000+
  • Years 20

Management

Ahti Kallikorm

Chairman of the board e-post

Wholesale trade – it’s elementary! When observed from a distance, wholesale trade seems to involve little else than moving goods from one corner to another. If you give it a try though you’ll change your mind 200 per cent!

Kadri Ulla

Board member e-post

My area of responsibility is managing and developing the group’s retail business. This is the part of the company that targets the final consumer and is therefore one of the group’s priorities.

Paavo Truu

Board member e-post

I’m responsible for the group’s financial management, IT and other services supporting main activities.I’m able to do so with the help of our experts in accounting, financial analysis and information technology.

  • Ahti Kallikorm
    Chairman of the board e-post Managing the group, wholesale, pharmaceuticals Education: University of Tartu, medical science
  • Kadri Ulla
    Board member e-post Retail Education: University of Tartu, economics
  • Paavo Truu
    Board member e-post Financial management Education: University of Tartu, finance and banking

Economic indicators

Revenue 1993-2016

  • Packages per year 10mil+
  • Pharmacies 170+
  • Suppliers from 40+
  • 356 mil €
    Revenue
  • 161 mil €
    Assets

History

1992

Start of pharmaceutical wholesaling business in Estonia

1993

Dental wholesaling in Estonia

1996

The first order was made from a pharmacy via the Internet

1998

Veterinary wholesaling business in Estonia (acquisition of Zoovetvaru)

1999

Expansion to Latvia (acquisition of SIA Pharma Service Riga)

2000

Our first pharmacy in Estonia the brand name Apotheka.

2001

An automatic ordering system for pharmacies was introduced

2002

Veterinary wholesale subsidiaries in Lithuania and in Latvia

2003

Entering pharmaceutical retail business in Estonia (acquisition of Parimex Invest with 58 pharmacies in Estonia under the franchised brand name Apotheka)

2004

Subsidiary established in Finland

2005

We opened our first pharmacy in Latvia under the brand name A. Aptiekas.

2007

Acquisition of the leading veterinary wholesaler LAVC in Lithuania

2008

A new, modern and highly automated logistics centre was opened in Estonia

2010

Introduction of Private Label

2012

Medicine unit dose dispensing in pharmacies (personal packing service)

2013

We opened the first online pharmacy in Estonia.

2014

More than 80 pharmacies in Estonia, more than 70 pharmacies in Latvia.
We opened a new concept of the drugstores in Estonia and Latvia.
Own loyalty program launch.

2015

Opening of the first online pharmacy in Latvia

We introduced a pharmacy robots

 

2016

Apotheka customer loyalty card joins the
500 000s client
Opening Iluteek.ee – pharmacy cosmetics e-shop
Launching the project „Special aids in pharmacy for people with disabilities“