Gedeon Richter has implemented a multicountry euro cash-pooling structure with BNP Paribas across 12 Western European subsidiaries. The solution enhances cash visibility, governance, and control while enabling efficient liquidity concentration and harmonised banking processes across jurisdictions.

The collaboration has helped Gedeon Richter centralise nearly half of its global liquidity, reduce idle balances, and optimise interest while maintaining compliance with local requirements. By combining BNP Paribas’ banking infrastructure and Connexis electronic banking platform with Gedeon Richter’s phased treasury strategy, the partnership has created a scalable foundation for future regional pooling, technology upgrades, and digital treasury initiatives.

Gabor David Szucs, Director of Financial Operations, Gedeon Richter:

“A cash pool is a straightforward concept and the benefits are obvious. The real challenge is not in aligning stakeholders, but in how you implement it.”

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