Richter fires commercial director, falls on bourse
Hungarian drugmaker Gedeon Richter announced this morning it had terminated the employment status of its commercial director, Endre Pokomandi, effective October 19, 2015, Hungarian news agency MTI reported.
CEO Erik Bogsch will supervise the companyʼs commercial activities until the appointment of a new director, Richter said.
By 9:22 a.m. this morning Richter was the biggest loser on the Budapest Stock Exchange, trading down 0.75% at HUF 4,635, data published by MTI suggest. By 12:10 p.m. Richter dropped 1.37% to HUF 4,606, MTI reported.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.