SETINO Hungary Kft. Company Profile

Background

SETINO Hungary Kft. is a Hungarian company established on August 4, 2004, headquartered in Budapest. The company operates primarily in the wholesale distribution of pharmaceutical and medical goods, with a focus on providing high-quality medical examination gloves, including nitrile and protective gloves for medical use.

Key Strategic Focus

SETINO Hungary Kft. specializes in the wholesale of pharmaceutical goods, particularly medical examination gloves. The company targets healthcare providers and institutions, ensuring the availability of essential medical supplies. Their strategic focus includes:

Product Specialization: Emphasis on medical examination gloves, including nitrile and protective gloves.

Market Targeting: Catering to healthcare providers and institutions requiring reliable medical supplies.

Quality Assurance: Ensuring products meet stringent medical standards and regulations.

Financials and Funding

As of 2023, SETINO Hungary Kft. reported a net sales revenue of approximately 1,768,313,000 HUF, reflecting a 5.71% decrease from the previous year. Despite the decline in revenue, the company achieved a 59.48% increase in net profit, indicating improved operational efficiency. Total assets grew by 3.37%, and the net profit margin increased by 40.51% in 2023.

Pipeline Development

The company's primary product line includes medical examination gloves. While specific details about product development stages or clinical trials are not publicly disclosed, SETINO Hungary Kft. continues to focus on expanding and enhancing its product offerings to meet the evolving needs of the healthcare sector.

Technological Platform and Innovation

SETINO Hungary Kft. holds a registered trademark for "SETINO," covering medical examination gloves, nitrile gloves for medical use, and protective gloves for medical use. This trademark underscores the company's commitment to providing specialized medical products.

Leadership Team

The company is led by Li Li, who serves as the Managing Director. Under Li Li's leadership, SETINO Hungary Kft. has navigated the competitive landscape of medical supply distribution, focusing on quality and customer satisfaction.

Leadership Changes

There have been no recent significant changes or appointments within the company's leadership team.

Competitor Profile

Market Insights and Dynamics

The wholesale distribution of pharmaceutical goods is a competitive industry, with numerous players offering a range of medical supplies. The market is characterized by:

Market Size: A substantial and growing demand for medical supplies, driven by healthcare needs.

Growth Potential: Opportunities for expansion through product diversification and market penetration.

Industry Trends: Increasing emphasis on quality assurance and regulatory compliance.

Competitor Analysis

Key competitors in the wholesale distribution of pharmaceutical goods include:

PEGADENT Bt.: Specializes in dental supplies and equipment.

BIG STAR STREET Kft.: Offers a range of pharmaceutical products.

Immunotrin Kft.: Focuses on immunological products and services.

HARPS Hungary Kft.: Provides medical gloves and related products.

M+W Dental Magyarország Kft.: Supplies dental equipment and materials.

These competitors offer various medical supplies, with some specializing in specific product lines similar to SETINO Hungary Kft.

Strategic Collaborations and Partnerships

While specific collaborations or partnerships are not publicly disclosed, SETINO Hungary Kft. likely engages with manufacturers and healthcare institutions to ensure a steady supply of quality medical products.