Reig Jofre awarded with the Best Business Initiative

  • Within the awards for business success in the region of Castilla La Mancha, the Actualidad Económica magazine awarded the Best Business Initiative Prize to the Reig Jofre plant in Toledo
  • The ceremony was chaired by Mr. Emiliano García-Page, the regional president of Castilla-La Mancha and the prize was presented by the Mayor of Toledo, Mrs. Milagros Tolón

The stock-quoted pharmaceutical company Reig Jofre received yesterday from the Mayor of Toledo, Mrs. Milagros Tolón, the Award for the Best Business Initiative in the Region of Castilla La Mancha for the expansion carried out in Reig Jofre’s Toledo plant specialized in the production of antibiotics derived from penicillin. The event was chaired by the regional president of Castilla-La Mancha, Emiliano García-Page.

The award granted by the readers of the magazine Actualidad Económica, of Unidad Editorial, rewarded Reig Jofre’s commitment with the city of Toledo, for which in 2018 the 10 million euros investment to increase by 33% the production capacity of sterile penicillin antibiotics concluded. The Toledo plant has a staff of over 300 employees, an area of 32,000 square meters, a production capacity that reaches 70 million units per year and is certified by the world’s leading drug agencies.

Reig Jofre produces at the Toledo plant 25% of the antibiotics derived from penicillin consumed in Spain. Reig Jofre’s antibiotics are sold in 70 countries on five continents thanks to the direct sales network in seven countries in Europe and Southeast Asia and thanks to the network of more than 130 business partners in those countries where the company does not have direct presence.

Reig Jofre closed 2018 with a turnover of 181 million euros, of which Spain accounted 41%, rest of Europe 48% and rest of the world 11%. To market its developments, Reig Jofre has its own sales network in 7 countries of Europe and Southeast Asia, and commercial relations with more than 130 partners (distributors and licensees) in near 70 countries on the five continents.

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