The event was held within the framework of the 5th International Forum of Corporate Secretaries 2018.
During the ceremony, results of the survey of public corporate governance practice were announced. The forum was held with the support of the Professional Association of Corporate Governance and Rating Agency IBM-Rating.
56 domestic enterprises were recommended for the award, including DTEK Zakhidenergo, Zaporizhstal, Karlsberg Ukraine, Kyivenergo, Kyivstar, Insurance Company Providna, etc. JSC Farmak won the award by scoring 88% of 100% and outrunning Ukrtelecom, Nova Poshta, Motor Sich, AXA Insurance Company, etc.
The corporate governance rating is an independent opinion of the rating agency on the quality of the system of interaction between the main groups of stakeholders and observance of their interests. “For our company, the availability and level of the corporate governance rating is an express confirmation of the quality of corporate governance, information transparency, business efficiency, the company’s readiness to raise capital in the stock market”, said Yuriy Syrotiuk, Corporate Secretary, Farmak JSC.
The agency carried out a survey of public corporate governance practice. In total, information about 68 companies operating in Ukraine (12 of which placed shares on foreign stock exchanges, 56 – domestic enterprises of different forms of ownership, branches of economy and organizational and legal forms) was analyzed. When developing the rating methodology, IBM-Rating took into account the best global practices of corporate governance, requirements of applicable laws of Ukraine, principles of corporate governance approved by the Organization for Economic Cooperation and Development, as well as guidelines of the Professional Association of Corporate Governance.
Farmak was granted a finalist award by the UN Global Compact Network for the Eco-School project The Partnership for Sustainability Award 2019 is an international competition of partnership projects held among different organizations to achieve sustainable development goals, which is initiated by the UN Global Compact Local Network in Ukraine. Eco-School by F...
According to the results of the 20th contest of professionals in the pharmaceutical industry of Ukraine “Panacea”. Farmak was announced as a winner nominated as “The Company of the Year” during the awards ceremony of the 20th competition of professionals in the pharmaceutical industry of Ukraine “Panacea 2019” which was held on September 18. “The […]
The Company was awarded for the projects aimed at raising the environmental awareness of the society and implementing the latest technologies and innovative approaches. The major projects are: “Eco-School”, “Farmak: Run For Your Health”, etc. The purpose of the Eco-School project is to unite and create a community of young environmental activists, promote en...