Pharmacy relapse // A bankrupt distributor is trying to create a new chain
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The owners of the bankrupt Ave pharmacy chain, Vladimir Kintsurashvili and Ivan Saganelidze, are not giving up their attempts to launch another project in pharmaceutical retail. Businessmen began to open new pharmacies on the basis of their other company, Avevain, whose main activity is the distribution of wines. Given the reputation of Ave’s owners, the new chain may have difficulty finding permanent suppliers, experts warn. In addition, according to them, high competition in pharmaceutical retail limits opportunities for expansion for market participants.
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