Financial information

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.

The operational income

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.

The remaining incomes are coming from renting PGEU premises.