Farmak was recognized the most transparent company in the pharmaceutical market of Ukraine according to Website Transparency Index of Ukrainian companies study in 2015, initiated by the Center for Development of Corporate Social Responsibility.
The Transparency Index based on the Beyond Business methodology is intended to assess the websites of public companies in different industries with respect to completeness and accessibility of CSR information. In 2015, they assessed 87 large-scale companies in Ukraine.
The participants of the transparency rating were assessed, based on four criteria: availability of company’s social and environmental reports; information disclosing level for key corporate social responsibility areas; user-friendliness with respect to information on company’s social and environmental responsibility, and company’s multi-lingual website accessibility. According to the Index methodology, Farmak has got 48 points, the highest level of transparency among pharmaceutical companies.
Maryna Saprykina, Director of the CSR Development Center: “The Center has been engaged in transparency index assessment from 2011, based on the methodology developed by Beyond Business (Israel) and the CSR Development Center. One can trace evolution of the Ukrainian companies’ transparency over five years, and Farmak is among others. For us, the Index is a soft tool, which facilitates monitoring of Ukrainian company’s transparency and CSR development. In Europe, there are mandatory tools for large-scale companies, e.g., the Directive “On Disclosure of Non-Financial Information in Annual Financial Statements."
The main feature of the Transparency Index is that anyone may review it just visiting the company's website and reading the information on social activities for the national benefit.
On February 11, 2021 the Kyiv City Council resolved to sell a land plot to Farmak plant. The resolution was adopted by an absolute majority vote. It concerns the territory where the Kyiv Chemical and Pharmaceutical Plant has been located for 95 years. According to the document, the intended purpose of the land plot is […]
The Press Center’s standpoint for the mass media Farmak plant in Kyiv faces a targeted information attack now. Those who have organized a wave of publications most probably pursue the purpose of manipulating public opinion and deputies of the Kyiv City Council in order to clear a land plot in Podol for yet another construction. […]
In accordance with Decree of the President of Ukraine No. 24/2021 On Granting State Awards on Occasion of the Unity Day of Ukraine Hryhorii Viktorovych Kostiuk, member of the Supervisory Board of Joint Stock Company Farmak, has been awarded the title “Honoured Worker of Pharmacy of Ukraine”. The award has been granted for significant personal [&hellip...