Bloomberg News

Roche Has No Material Risks in Greece, Tages-Anzeiger Says

March 03, 2012

Roche Holding AG (ROG) has “no material risks” in Greece after selling off at a discount debts owed to it in the country, Tages-Anzeiger reported, citing Chief Executive Officer Severin Schwan.

Some of the drugmaker’s customers in Spain and Italy are not paying their bills and Roche is trying to find solutions, Schwan said in an interview in today’s newspaper. The overall situation in the countries is under control, Schwan told Tages- Anzeiger.

To contact the reporter on this story: Dermot Doherty in Geneva at ddoherty9@bloomberg.net

To contact the editor responsible for this story: Sara Marley at smarley1@bloomberg.net


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