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Phylaxia reshuffles management

Pharmaceutical company Phylaxia Pharma Rt announced yesterday that it will reshuffle its management in a bid to bring its structure more in line with the size of the company's staff and make its top management more compact. Phylaxia said it will discontinue two deputy CEO posts and name Tibor Sándor as sole deputy CEO, who will oversee the company's entire day-to-day business process from production through sales. The shake-up is part of broader restructuring campaign aimed at concentrating Phylaxia's business management. (NG 13) S.F.