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GPI to grow in Qatar in the pharmacy automation systems sector

June 28, 2019


Abstract :  The company founded by Fausta Manzana signed an agreement with Ebn Sina Medical to supply a new automation system for the drug storage warehouse.

MILAN, June 28 (Class Editori) – The Middle East and, in particular Qatar, is becoming one of the most important markets along the Silk Road for Italian companies. GPI, a company active in information systems and services for health and social services, announced a new order received from Qatar, which is investing billions of dollars on public health. The company listed on the AIM in Piazza Affari, has signed an agreement with Ebn Sina Medical, a company of the Al Faisal holding company, for the exclusive distribution in the Arab state market of the warehouse automation products of the subsidiary Riedl.

In the meantime, a contract worth over 500 thousand euros has been signed to supply a new automation system for the drug storage warehouse from which Ebn Sina Medical sends supplies for the pharmacies in the region. Two robots of over 20 meters each will be installed, both equipped with a double gripper system.

Al Faisal Holding is one of the leading private companies in Qatar: it has played a significant role in the development of the country's economy and infrastructure, attracting many foreign investments. It was founded in the 1960s as a small trading company for replacement parts by HE Sheikh Faisal Bin Qassim Al Thani, an entrepreneur who has a diversified business portfolio. 

The Al Faisal Holding includes investments in real estate, hospitality, commerce, transport, education, services and information technology and is also active in promoting Qatar's heritage and education.

“The investments and the strategies implemented for the automation division are receiving excellent results, our automated systems are also appreciated outside Europe: the supply of automated systems to the Sheba Hospital in Tel Aviv a few months ago was very important, it is the largest hospital in the Middle East. An important recognition for our systems, as a proof of our role in the logistics world,” said Fabio Rossi, international director of the GPI group, 203 million in turnover in 2018 and 24 million EBITDA, founded in 1988 in Trento by Fausto Manzana, who is still the number one and the largest shareholder.

The Group also pointed out that the order portfolio for the coming weeks is approximately of 1.5 million euros: in addition to the warehouse system covered by the contract with Al Faisal, a further 7 Riedl automated systems will be delivered for hospital facilities and to pharmacies located in different European countries and in the Middle East.

The Riedl brand, which became part of the GPI group in December 2014, quickly gained a leading position among the market leaders. Last March, GPI signed an agreement with CGM Pharmaone to consolidate its presence also in the retail segment, which includes also furnishing services and turnkey renovation of pharmacies.

(Source:Class Editori)

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