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Magnum, a pharmaceutical wholesale and retail group that is owned by Estonian businessman Margus Linnamae, opened its first Lithuanian retail pharmacy, Apotheka Vaistine, in Vilnius' Ozas mall on Friday.
Vaistai
Vaistai
© Shutterstock

"It's the most logical step after Estonia and Latvia; it's the closest market," Apotheka Vaistine CEO Kadri Ulla told BNS at the opening event.

lla said Apotheka Vaistine will offer a different level of service to its customers.

"What we are offering is very personal care. Every customer matters for us. We want to add different services, also personal consultation to our pharmacies. It's a very personal approach, that's how we want to be different from the others," she said.

Apotheka Vaistine plans to expand into other Lithuanian cities.

"We have plans. We are definitely going to all big cities. Timewise, I can't tell you more, but yes, we are going to other big cities – Kaunas, Klaipeda, Siauliai, Panevezys and so on," the CEO said.

Magnum has until now sold veterinary products in Lithuania. Its wholesale company Magnum Veterinarija has been operating in Lithuania since 1994.

The Magnum Group, which has operations in the three Baltic states and Finland, is the sole shareholder of Apotheka Pharma.

BNS
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