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 August 2021, the operational income of PGEU amounted to 879 361,04 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 from January to August 2021, 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 2021, their contributions represent 94.38% of the overall PGEU budget.

The remaining incomes are coming from renting PGEU premises.