Approximately 30 managers of the companies being members of the European Business Association and doing business in Ukraine according to European standards visited Farmak’s production facilities. This was the first visit of the Association members to the domestic pharmaceutical manufacturer.
During Company Visit, Volodymyr Kostiuk, Acting Executive Director, Farmak JSC, told the guests of the innovations implemented at the Company. He mentioned that investing in innovative projects is not an instant benefit but a long-term leadership. During his speech, he told about the Company’s achievements over the past years and announced the top 10 innovations due to which Farmak holds the leading position in the domestic pharmaceutical market.
“We are happy to welcome the representatives of the European Business Association. For a short period of time, Farmak has transformed from a chemical and technological plant into an innovative company – leader of the industry. Thanks to quality and innovations, we have been retaining leadership for over eight years. And we really have something to be proud of. We managed to build European production facilities here, in Ukraine. We are ready to share experience with domestic companies on how to do business in Ukraine according to European standards. Our distinctive feature is that we not only follow the innovations, but localize and adapt them here, in Ukraine, at our own manufacturing sites”, Volodymyr Kostiuk said during the speech.
“Exchange of experience is an important component for business development. Our project, Company Visit, is designed to help our members learn about best business practices, innovative approaches and advanced production and management technologies directly from leading industry representatives. We thank Farmak for its openness and readiness to join the project. The Company is a striking example for others and clearly demonstrates that one should choose a strategy for investing in modernization to be the industry’s market leader. Having visited the Company, we not only heard, but also saw firsthand how much resources the Company spends on innovations and which long-term investment projects enable entering the new markets”, said Mariana Khomitska, Head of the Professional Development Center, European Business Association.
An excursion to production facilities was held during the visit. The guests visited the site manufacturing liquid dosage forms and learnt how medicinal products are manufactured in aseptic conditions. Further, the Association representatives visited a unique laboratory and technological complex – R&D ground for testing new and improving existing technologies of finished medicinal products.
The visitors were impressed by the level of organization of production and research at the Company. “This is really an example of European production. It is good to know that there are such enterprises in Ukraine. It was interesting, and innovative”, said Oleksandr Shkelebey, Managing Partner, Esquires.
“This visit inspires credibility to Ukrainian medicines. We see that Farmak is a European company. It is very pleasant that Farmak provides 2000 jobs for Ukrainians and pays all required taxes. We see that the Company has highly skilled staff. Plus, 45 inspections over three years is a figure that speaks for itself. This means that you have a qualification level that gives us the power to trust you”, shared her impressions Liudmyla Vinnychenko, Authorized Quality Management Director, CAN-PACK.
Farmak’s innovations shared by Volodymyr Kostiuk made a strong impression on the guests and demonstrated a completely new vector of development of the national science and industry.
FARMAK’S TOP 10 INNOVATIONS
Volodymyr Kostiuk, Executive Director of “Farmak”, has ranked the best top managers in his field of work. Volodymyr Kostiuk has been employed by “Farmak” since 2008 and appointed as the Executive Director in 2012. The strategic task of Volodymyr Kostiuk is to strengthen the positions of JSC “Farmak” in the international markets, expand the geography [&helli...
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