The members of the Union of Ukrainian Entrepreneurs (SUP) visited the manufacturing site for solid dosage forms where they observed the technological processes.
The guests visited the new manufacturing site for solid dosage forms which was launched last year. The project implementation lasted for 2 years and cost the Company EUR 20 million. The launch of a new manufacturing site for solid dosage forms will double annual production capacity. Moreover, due to production increase, nearly 100 new jobs were created.
Today, every tenth pack of medicinal products that is used in our country is manufactured by Farmak.
Technical Director of Farmak Andriy Goy accompanied the guests through the entire technological cycle: from raw material acceptance to tablet compression.
Executive Director of Farmak Volodymyr Kostiuk shared the latest achievements of the Company during the conversation with the SUP members:
The period from the decision to launch a new product and batch shipment incidentally takes 3-4 years.
More than 20 % of the Company’s products are exported.
The Company has managed to increase production capacity by 25% over past five years. Moreover, Farmak is one of few Ukrainian companies developing its own chemical synthesis of active pharmaceutical ingredients (API) in Kyiv and in Shostka.
According to Volodymyr Kostiuk, staff loss is one of the challenges which Ukrainian companies face today.
“Today, we compete not only with Ukrainian manufacturers, but also with companies from Poland, Latvia and Lithuania. A lot of workers, including subject matter specialists, leave our country. We invest in the training of our employees and motivate them financially: over the last 5 years, the salaries we offer have grown 2.5 times”, said Volodymyr Kostiuk.
Over the last 20 years, more than USD 250 million have been invested in modernization and re-equipment. The Company has representative offices in five countries: Uzbekistan, Poland, Kazakhstan, Kyrgyzstan, Belarus.
The main values of the Company today are Quality, Growth, Professionalism, Engagement and Innovativeness.
Each city or town has its own traditions. We follow the old and develop the new ones ourselves. It has become a good tradition for Farmak to congratulate Shostka on its Town Day in a sporty way. The anniversary race “Farmak: Run for Your Health” has been held by the Company for the fifth time. […]
The 5th anniversary race organized by Farmak on the occasion of Shostka Town Day will be held with the support of the local authorities in an offline format under the motto “Run a race and take care of your health!” The race will take place on September 3 in Shostka as part of the celebration of […]
TOP 50 successful Ukrainian brands with a stable reputation and a high level of customer confidence have been determined by the Focus expert magazine. Farmak as the Ukrainian pharmaceutical market leader is among the best. The rating includes both brand companies and brand products from different segments: retail, pharmaceuticals, food industry, telecommunic...