New synergy: Business Exchanges – Gerolymatos Group of Companies

Business Exchanges – Gerolymatos Group of Companies New synergy in the Pharmaceutical Vertical Marketplace

The strategic participation of the Gerolymatos Group of Companies further strengthens the Pharmaceutical Vertical Marketplace that Business Exchanges S.A. has created and is administering. Famar of the Marinopoulos Group of Companies already participates in the Marketplace.The BE Pharmaceutical Vertical Marketplace operates with the participation of major companies and organizations of the Pharmaceutical Sector. These companies “meet” in a virtual marketplace and complete transactions, as they would do in a physical level. According to Mr. Konstantinos Frouzis, Commercial Manager of BE, this online community offers a set of technological tools and services in a dynamic environment, that enable safe transactions for buyers and sellers alike, thus strengthening their relationships with partners in the procurement chain. Business Exchanges S.A., having already major companies as allies further aims on attracting more companies of the sector as participants in the marketplace.From the Gerolymatos Group of Companies side, Mr. Anastasios Pantazis, Customer Care and Logistics Manager, points out that the Group’s participation in the marketplace is a strategic choice aiming to improve processes related to the group’s procurement chain management. Mr. Konstantinos Moneos, Information Technology Manager of the Group, adds that reductions of costs, increase of the companies’ overall performance and productivity and superior service for the end user will be also accomplished through the marketplace. Business Exchanges S.A. is a joint venture of pioneer and well-established Greek companies, EFG Eurobank Ergasias, Panafon-Vodafone, Hellas On Line and SETE Procurement and Trading. Its vision is the utilization of the vast opportunities provided by B2B solutions in the New Economy environment. The company's strategic objective is to provide businesses with highly functional B2B infrastructure and a set of value-added services, establishing BE as one of the leading B2B Service Providers at the Greek as well as the Balkan market. For more information you can visit www.be24.gr
The Gerolymatos Group of Companies plays a highly significant role in the area of health and beauty, providing pharmaceuticals, cosmetics, OTC, diagnostics, veterinarian and other mass consumption products, with exportations all over the world, subsidiaries and strategic alliances in demanding markets, such as the United States, France, the Balkans and Turkey, having an important presence in the Greek market, with emphasis in research and development. It also holds a dominant position in distributing and producing the above products for third parties, serving more than 20 companies. The Group employs 650 people, and its 2000 revenue was more than 22 billion GRD.