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Magnum Medical sales statistics 1993-2004 (Milj.EUR)
2001-2004 - consolidated financial statements
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Magnum Medical market share 1996-2003
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1990
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- Foundation of company Magnum
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1992
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- Magnum started medicine wholesales
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1993
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- Foundation of Magnum Medical in Tartu. Wholesale of
medicines, veterinary medicines, dental medicines and -supplies, lab-diagnostics,
hospital and research equipment and medical supplies
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1995
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- Opening of Magnum Medical' s Tallinn branch. Launch of one-day-delivery service in Tallinn
- Internet web-page and the first price-list in Internet
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1996
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- Internet ordering system was developed and started
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1998
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- Labeling products with bar-codes to ease product sales and inventory management for clients
- In co-operation with software company Astronoomiliste
Kassasüsteemide AS, RAX - the integrated software system specially adjusted for pharmacies was launched.
- Magnum Medical acquired its competitor Pro Med' s market share in wholesale business
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1999
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- Restructuring of Magnum Medical' veterinary medicine department, bringing it
under independent subsidiary AS Magnum Veterinaaria
- Magnum Medical acquired the Latvian medicine wholesaler SIA Pharma Service
Riga and named it SIA Magnum Medical
- Opening the new 4000 m2 warehouse in Tallinn
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2000
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- Co-operation agreement with Apteekide Koostöö OÜ ("Apotheka")
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2001
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- Mutual IT development projects with Apteekide Infotehnoloogia OÜ (the first fully automatic
pharmacy ordering system)
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2003
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- Acquisition of the pharmacy chain Parimex Invest Ltd., which includes 58 physical locations, full ownership.
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2004
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