Olainfarm: Audited annual report 2020
The Company reviewed operations in the main markets
JSC Olainfarm continued investments to modernize its operations and worked on clinical trials
Group s revenues in 2020 were EUR 122,157 thousand, net profit was EUR 9,478 thousand.
Group actively engaged to improve operations and financial results of subsidiaries
In 2020, JSC Olainfarm approved its new strategy Forward! 2020-2025 . The main goal is to become one of the TOP 10 largest pharmaceutical manufacturing companies in Central and Eastern Europe by 2025, sustainably supplying healthcare products and services in specific therapeutic areas: cardiovascular diseases, neurology, psychiatry, and the treatment of urinary diseases. In 2020 Olainfarm Group continued the transformation process towards sustainable growth. Due to the Covid-19 pandemic, it was a year of challenges to remain operational efficient, where innovative ways of thinking to break the traditional way of conducting busin
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Olainfarm
A civil case has been initiated in the claim of JSC Olainfarm for the damage caused
A civil case has been initiated in the claim of JSC Olainfarm for the damage caused
Pursuant to the decision of the shareholders meeting of September 22, 2020, the Management Board of JSC Olainfarm has filed a lawsuit against the former members of the Management Board of JSC Olainfarm. By the decision of the Vidzeme Suburb Court of Riga City on 12th of April 2021, a civil case has been initiated in the claim of JSC Olainfarm against former members of the Management Board who entered into an agreement with Banestar Management Limited, causing losses in the amount of EUR 26,067,760.05.
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Announcement About Convening of the Extraordinary General Meeting of Shareholders of Joint Stock Company Olainfarm
Management Board of the Joint Stock Company Olainfarm, unitary registration number: 40003007246, registered address: Rupnicu iela 5, Olaine, LV-2114, announces that on March 22nd, 2021, request to convene an extraordinary general meeting of shareholders with following agenda - 1) Internal auditing of JSC Olainfarm; 2) Other issues, has been received from shareholder OLFIM OÜ, registration number: 14601045, registered address: Harju maakond, Kuusalu vald, Pudisoo küla, Männimäe, 74626, Estonia, representing 7.79% of the share capital of Joint Stock Company Olainfarm.
Management Board of Joint Stock Company Olainfarm based on the shareholder s request hereby convenes and announces that Extraordinary General Meeting of shareholders of Joint Stock Company Olainfarm will be held on June 18