In the early 1990s, as in most sectors, many changes started to appear in the field of healthcare, for example increasingly more private companies appeared alongside the state institutions. Established in 1995 by the Israeli entrepreneur Joseph Priel, Euromedic’s distribution division revolutionized the hospital sector in Hungary by combining a unique self-made tender system for medical materials with a hospital reference stock system for pharmaceuticals. Since its inception, Euromedic has become a dominant factor in the Hungarian healthcare sector, providing the utmost satisfaction to healthcare service providers. Euromedic performs its distribution activities for state or municipality-owned hospitals and covers the majority of the market in this field, which ensured that all debts are totally collectable and secured. In Hungary, Euromedic is the only company that deals with the wholesale supply of the full scope of hospital needs from pharmaceuticals and materials for medical care to sanitary and office supplies of the hospitals.