05 Dec

Posted at 10:00h in News

An analysis of the country's pharmaceutical market shows that drug wholesaler Commercial League - Global Pharmacy Center is among the top companies in the sector. The company distributes not only the medicines of the pharmaceutical group "Tchaikapharma - High Quality Medicines", but also those from companies external to the group. "Commercial League" continued its investment program, and in 2023, we started the construction of three centers of clinical excellence, ,Heart and Brain’, in the cities of Burgas (new wing ,Mama and I’), Stara Zagora , and Vraza. Another five hospitals and medical centers are in the design and construction readiness phase, " commented Takvor Boghossian, CEO of Commercial League. He attributes the company's double-digit growth to an increase in prescription drug sales. In addition, the company has begun developing and distributing nutritional supplements, as well as aids and devices for the country's sanitary stores. "In order to meet the new requirements, significant investments have been made in the infrastructure and equipment of the existing production lines to further ensure the safety of the medicines produced", says Eng. Bisser Georgiev, CEO of Tchaikapharma. According to him, in the past year, the company has registered more than ten new medicines in Bulgaria and has registered its first medicines in Ukraine....

20 Nov

Posted at 09:00h in News

Healthcare and consumer sectors are growing. In the years since 2020, there have been alternating crises and recoveries, and now we can say that normalization has come, writes Capital. The most clearly growing sector in the holdings, but also with a large representation and share, is medicines manufacturing and sales, as well as private healthcare - all companies increased both their revenues and profits. It is important to note that most groups here also have side businesses, either directly or through associates, which they consolidate. 'Commercial League', better known for its public brands 'Heart and Brain', 'Tchaikapharma High Quality Medicines' and DallBogg: Life and Health insurance and pensions, has managed to maintain steady growth in its revenues. Tchaikapharma High Quality Medicines', the largest company by market capitalisation in Bulgaria, has a strategic presence in the capital markets that underlines its stability and long-term potential....

12 Dec

Posted at 11:55h in News

Single-handedly established on 12/12/1991 without obtaining a single concession to exploit natural resources or participating in the privatization of a single pharmacy, pharmaceutical plant or hospital, the Group is today widely recognized as a leading investor and a legendary innovator with a mission to improve the quality of life and prolong life expectancy in the country by reducing mortality from chronic and other mass diseases....

31 Oct

Posted at 16:15h in News

Ministry of Innovation and Growth: 'Commercial League is a long-standing investor in the development of Bulgarian healthcare and a national leader in high-tech medical care' Although the regular government has not restored the incentives for large investment projects cancelled by the caretaker government - financial measures to promote human healthcare activities (under the Regulations for the implementation of the investment promotion law), the national leader in healthcare and large socially responsible investor Commercial League continues to build modern hospitals including in remote areas of the country. The implementation of the projects improves access to state-of-the-art health care and specialised medical care for all patients and statutory health insurance holders across the country. Investment in training and continuing education of doctors and health care professionals, provision of high-tech equipment and a comprehensive environment for staff development under equitable and encouraging management will certainly reduce record total and infant mortality and significantly mitigate demographic degradation. Bulgaria, with young, talented and motivated doctors with high qualifications and practicing the most humane profession in new, modern hospitals will certainly become a modern European country, attractive for investment and technology transfer. At a special ceremony, the Minister of Innovation and Growth Milena Stoycheva awarded 'Commercial League - Global Pharmacy Center' JSC with a Class "A" certificate for the construction of a center of clinical excellence in Kardzhali. The company's project is worth at least BGN 15 million and provides for the creation of 350 new jobs. The certificate was received by CEO Takvor Boghossian. The ceremony was also attended by the Executive Director of the Bulgarian Investment Agency Mila Nenova. Mr. Boghossian noted that all the implemented projects of the investor, for which the company holds Class "A" investment certificates, aroused the great admiration of patients and the medical community, especially the first in 55 years specially newly built clinic for maternal and child health 'Mama and I' in the town of Pleven. "Investing in innovation in the health sector can turn the perception of healthcare in our country around - from being about problems to being about opportunities. Innovation is the key to changing healthcare in our country," Minister Stoycheva said during the award ceremony....

16 Jan

Posted at 16:15h in News

Bulgaria's reputation is unfortunately associated, as a matter of routine, with negative news - real or fake - and although there are glimmers "A new world economic order is coming. Bulgaria is leaving the Russian zone of influence", said Tihomir Kamenov - founder of the Commercial League and specialist in public and private international law; the only Bulgarian senior member of the World Economic Forum, Davos and the European Financial and Economic Conference 'Ambrosetti' - in an interview for Epicenter. bg on April 12, 2022. "- Russia's aggression against a sovereign Ukraine and the shocking atrocities of the Russian occupation army after February 24 and in the last 7 weeks have put a definitive end to the "policy of inclusion" adopted by the developed democratic world towards Russia after Gorbachev and accelerated after the integration of Eastern Europe...