Macedonia’s Zegin opens 72 pharmacies in Serbia – Investment worth EUR 10 million

Source: Danas Friday, 22.09.2017. 10:41
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The pharmaceutical company Zegin from Macedonia has opened 72 pharmacies in all major cities and towns in Serbia and employed 580 workers in a year of being active in the local market. The investment is worth EUR 10 million.

– Our aim is to develop a good system in the Serbian market, whose benefits are to be felt first by our patients, our clients, and then by our business partners as well – says Blagoje Mehandjiski, president of the Zegin Group.

Explaining how he decided for his next investment to be made in Serbia, he points out that he followed the advice by German bankers, who explained to him that 60% of his investments in the Balkans should be made in the country. He adds that the kind of offer provided by Zegin pharmacies has not yet been present in the Serbian market.

– There are now several Zegin pharmacies in each major place in Serbia. Our concept is different, as our offer includes, in addition to numerous imported and local drugs, a wide range of organic health food products, which will certainly make the most discerning and demanding patients happy – Mehandjiski says.


He also points out that the opening of Zegin pharmacies has made the Serbian market richer by 1,800 new medical products.

Zegin was founded in 1989. In Macedonia, it has 300 pharmacies and 2,700 employees. In addition to medical drugs, medical products and medical equipment, Zegin produces quality wine in the region of Berovo, making products which have been made available in many wine cellars in Europe and have even reached China.

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