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 2019, the operational income of PGEU amounted to 868.333,55 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 2019, contributed to the operational costs of EMVO with a payment to EMVO of 84.050 euros.
The main sources of financing for the PGEU budget are PGEU member organisation membership fees. In 2019, their contributions represented 96.85% of the overall PGEU budget.
The remaining incomes are coming from renting PGEU premises.