The operational income
PGEU is an independent not-for-profit association representing the interests of European community pharmacists, registered under Belgian law as an AISBL (Association internationale sans but lucratif), company number: 0468 971 838.
In 2018, the operational income of PGEU amounted to 903.979,19 euros.
The budget is devoted mainly to the core activities of the organisation:
- (1) collaboration with the EU institutions and international organisations in the interest of community pharmacists and
- (2) providing feedback to member organisations on EU developments related to community pharmacy practice.
PGEU is a founding member of the European Medicine Verification Organisation (EMVO) and in 2018, contributed to the operational costs of EMVO with a payment to EMVO of 82.000 euros.
The main sources of financing for the PGEU budget are PGEU member organisation membership fees. In 2018, their contributions represented 95.62% of the overall PGEU budget.
In addition, PGEU engages in a number of EU funded projects. As an associated partner in these projects PGEU received co-financing for its activities that accounted for 1.16% of its income in 2018. PGEU rents offices that accounted for 3.22% of its income in 2018.