Volodymyr Kostiuk, CEO of Farmak, has been appointed to the new Board of Directors of the Union of Ukrainian Entrepreneurs (SUP) for the 2025–2027 term. The updated Board was announced on May 23, 2025, during the SUP DAY FORUM KYIV 2025.
The Union of Ukrainian Entrepreneurs is the largest association of independent businesses in Ukraine, uniting more than 1,200 companies. SUP works daily to protect the rights and interests of Ukrainian entrepreneurs and to ensure that the “rules of the game” are clear and fair for all.
The SUP Board of Directors plays a key role in shaping the organization’s strategic direction and represents the interests of the business community in dealings with governmental and international institutions.
Farmak joined SUP in 2019, and in 2020, Volodymyr Kostiuk was first elected to the Board of Directors.
Since 2018, Volodymyr Kostiuk has held the position of CEO at Farmak. Under his leadership, the company has remained the undisputed leader of the Ukrainian pharmaceutical market, launching up to 20 modern medicinal products each year and continuously investing in Ukraine’s economy.
His appointment to the SUP Board of Directors is a strategic recognition of his managerial expertise and consistent contribution to the development of national business and the pharmaceutical industry.
Other members of the Board include:
• Rostyslav Vovk, member of the Supervisory Board, Kormotech LLC
• Ihor Humennyi, President of Ukrainian Beer Company PJSC
• Kostiantyn Yefymenko, shareholder of Biopharma Plasma LLC
• Vitalii Ilchenko, CEO and founder of UKRAVIT AGRO LLC
• Viacheslav Klymov, co-founder of Nova Poshta LLC
• Sofia Opatska, Chair of the Supervisory Board, UCU Business School
• Yurii Synytsia, founder and CEO of COLLAR Company
• Yurii Filyuk, CEO of Promprylad.Holding LLC
• Ruslan Shostak, founder of EVA and VARUS, President of TERWIN.
