MSD inaugurates distribution center in Hungary
American drugmaker MSD inaugurated a regional distribution center on the outskirts of Budapest yesterday.
The company reported that the center was set up with the co-operation of international express delivery company UPS.
MSD Pharma Hungary managing director Thomas Straumits said the center would serve 14 countries in Central and Eastern Europe.
The size of the investment was not disclosed. MSD Pharma Hungary has annual revenue of about HUF 25 bln, making it Hungary's fifth-biggest pharma company.
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