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Krka Spells Out Chinese Potential With Plans To Double Portfolio In 2022

Slovenian Firm Also Plans To Regroup In West Europe After 11% Sales Tumble

Executive Summary

Alongside discussing the firm’s preliminary financial results for 2021, Krka management explained how the company planned to make further inroads in China in 2022 and return to its 2020 revenue baseline in West Europe, following a dip last year.

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Krka says it is making progress with its operations in China, after the Slovenian firm revealed initial short-term goals for its local business. The company established its Ningbo Krka Menovo joint venture with Chinese player Ningbo Menovo late last year (Generics bulletin, 24 November 2017, page 3).


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