Euromedic Hungary is a pioneering player in the healthcare sector, having been established in 1995 by Israeli entrepreneur Joseph Priel. The company's distribution division brought about significant changes in the Hungarian healthcare landscape by introducing a self-made tender system for medical materials and a hospital reference stock system for pharmaceuticals. This innovative approach catapulted Euromedic to a dominant position in the Hungarian healthcare sector, delivering exceptional service to healthcare providers. The company's distribution activities primarily cater to state or municipality-owned hospitals, establishing a strong foothold in the market and ensuring all debts are totally collectable and secured. Euromedic holds a unique position in Hungary as the sole company engaged in the wholesale supply of a comprehensive range of hospital needs, encompassing pharmaceuticals, medical materials, as well as sanitary and office supplies for hospitals. With its relentless commitment to excellence, the company has become a cornerstone in the Hungarian healthcare industry.Montagu made a noteworthy Venture Round investment in Euromedic in 01 September 2008, further cementing its position as a leading force in the health care industry.
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