The strategic goal of Farmak JSC is to expand exports to the EU and to enter new markets
Imposition of sanctions on Farmak JSC will not affect the company’s strategy and operations.
Farmak JSC represents our state with dignity in the international arena: the company’s products are marketed in more than 20 countries of the world. Farmak’s products enjoy strong demand on exports markets due to high quality, efficacy, and safety.
To date, Farmak JSC supplies products to Poland, Bulgaria, Latvia, Lithuania, Germany, and Slovakia. This year, Farmak JSC started exporting products to Australia and Libya.
The company’s strategic goal is to increase exports to 40% over the next five years, primarily by expanding sales to Europe and exploring new markets. Farmak JSC will continue to develop its presence on the EU markets. The company intends to focus its attention on German and UK markets – the largest in the region. South-East Asia, in particular, Vietnam, Indonesia, and the Philippines, is also one of the priority directions for the company’s business development.
Pharmaceutical company Farmak’s operational efficiency growth strategy is based on the culture of continuous improvement and Lean Manufacturing. Following the successful implementation of the Lean pilot project, the Company is introducing this concept throughout its manufacturing facilities and in logistics processes. Lean OREX-2025 pilot project was launche...
At the end of May 2021, FOCUS magazine published the rating of the best top managers in Ukraine. TOP 3 leaders of the pharmaceutical industry include the Chief Executive Officer of Farmak as a leader of the Ukrainian pharmaceutical market. The journalists of the magazine have identified the most important markets for the Ukrainian economy, […]
Farmak is the only domestic pharmaceutical manufacturer that has been included in the rating of the largest companies in terms of income in 2020 published by the Internet portal censor.net in early June. The relevant statistical data are annually prepared by the portal based on the financial statements of companies published by the State Tax […]