EMCC European Monitoring Centre on Change

Apoteket

Company/Organisation:
Apoteket

Geographic Location

Country: Sweden

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.73 - Dispensing chemist in specialised stores
Number Employed: 4600

Employment Effects

Announcement Date: 13-09-2012
Planned Job Reductions min: 220
Type of Restructuring: Internal restructuring
Direct Dismissals: 220

Additional Information

State-owned Apoteket, distributor of pharmaceutical products, has announced that it is to cut 220 jobs. The reason behind the downsizing is lost contract tenders for the supply of medical products for inpatient care in a number of county councils earlier this year. Due to price pressures and reduced content, the value of the signed contracts is considerably less than previous contracts. As a consequence, a decision has been made to close down five of the currently seven dose dispensing pharmacies.

It is not yet known when the measure will be implemented by or which pharmacies will be affected by the reduction, but it is primarily administrative staff that will be made redundant.

Apoteket had approximately 4,600 employees and 365 pharmacies, including franchises, at the end of 2011.