Teva to double Russian production this year

25 June 2016

Teva Pharmaceutical Industries (NYSE: TEVA) plans to double the volume of production at its pharmaceutical factory in Russia’s Yaroslavl up to 500 million tablets per year, compared to the current 250 million, according to recent statements of the Yaroslavl regional authorities.

According to Anna Yarvits, general director of Teva Russia, the company puts big hopes on the Russian pharmaceutical market, considering it as one of the most promising for its further growth.

Other details of the project, as well as planned investments, are not disclosed.

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