Oriola Announces Changes in Operating Model; Announces Changes in Group Management Team, Effective 1 January 2019
September 18, 2018 at 03:00 am EDT
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Oriola's Board of Directors has approved the company's new operating model, updated strategy and new long-term financial targets. Oriola changes its organisation to be able to develop, and better fulfil customer needs. With the new structure, Oriola can realise business synergies as well as improve operational excellence and cost efficiency. Oriola's operations will be divided into three business areas operating in Finland and Sweden: Pharma, Retail and Consumer. As of 1 January 2019, these three business areas are also the new financial reporting segments. The company will unite logistics operations and operational and indirect sourcing into a new Group function “Operations” to ensure strong logistics service development in all business areas, as well as sourcing efficiency. Dose manufacturing will be moved under Operations. The new Business Area Retail offers a wide range of health and wellbeing products and services, including dose services, to pharmacies, veterinaries, private and public healthcare operators and retailers. This business area will be headed by Katarina Gabrielson, Vice President, Retail, who currently serves as Director for the Retail Business Unit. The new Business Area Pharma offers tailored logistics and expert and advisory services to pharmaceutical companies, and a wide range of pharma-products to pharmacies, hospital pharmacies and veterinaries. This business area will be headed by Thomas Gawell, Vice President, Pharma who currently serves as VP of the Healthcare Business Area. The Business Area Consumer focuses on health and wellbeing products and services provided directly to consumers from Kronans Apotek pharmacies and Hehku health and wellbeing stores, as well as through online channels. Anders Torell, Vice President, Consumer, will continue to lead Business Area Consumer.
Oriola's group management team's responsibilities as of 1 January 2019 of Katarina Gabrielson, Vice President, Business Area Retail · Thomas Gawell, Vice President, Business Area Pharma and Anders Torell, Vice President, Business Area Consumer.
Oriola Oyj, formerly known as Oriola-KD Corporation Oyj, is a Finland-based company active in the pharmaceutical sector. The Company is engaged in the retail and wholesale of pharmaceuticals, acting as a channel between pharmaceutical manufacturers and consumers, primarily in Finland and Sweden. The Company's reporting segments are Consumer, Services, and Healthcare. Through its own pharmacies, the Company provides consumers with not only medicines and pharmaceutical advice but also a selection of healthcare consumer products and customer service. The Company is active through a number of subsidiaries located throughout Europe, including PharmaService OY, Oriola AB, Oriola Oyj, Farenta Oy, Kronans Droghandel Apotek AB and Svensk dos AB.
ORIOLA OYJ 
