About Olainfarm

Olainfarm is the leading manufacturer in the chemical and pharmaceutical sector of the Baltic States with 45 years of experience.

Portfolio contains over 60 FDFs, 25 APIs and more than 20 Intermediates. The key areas of specialization in FDFs include neurology, cardiology, infectology and allergology. Olainfarm has a long-standing technological and know-how advantage in adamantane, quinuclidine and nitrofurane chemistry.

Olainfarm is certified in accordance with the requirements of the EU GMP for APIs and FDFs, the U.S. cGMP for certain APIs (FDA), TGA for FDFs (Australia), CEP for certain APIs, ISO 14001 Environmental Management System and ISO 17025 Laboratory Management System.

Proof of the high quality of the Olainfarm products is cooperation with such global and regionally acknowledged companies as Novartis, Dr. Reddy’ s, Glenmark Generics, Sigma AU, Almirall Ranke, UQUIFA, MIAT, Actavis, Teva, Egis, PHF and many others. Since 2011 Olainfarm supplies anti-tuberculosis medication to the World Health Organisation.

The company owns the controlling stake in the leading Latvian food supplement company Silvanols, has its own chain of pharmacies Latvijas aptieka in Latvia, owns producer of elastic medical products Tonus Elast, producer of natural herbal medicines and food supplements NPK Biotest (Belarus), medical company Klīnika DiaMed and eco-cosmetics company Kiwi Cosmetics.

Representative offices in Russia, Ukraine, Belarus, Tajikistan, Albania, Armenia, Kazakhstan, Kosovo, Mongolia and Uzbekistan, subsidiaries in Latvia, Belarus, Russia, Lithuania, Turkey, Azerbaijan and Kyrgyzstan, and contracted agents in the USA, Serbia, Turkmenistan, Moldova, Sweden and Southeast Asia.

Consolidated sales in 2016 – 110.7 million euros, profit – 11.6 million euros, export sales – 84.13 million euros.

Olainfarm exports to more than 40 countries worldwide, export share is near 85%. Main export markets are Russia, Ukraine, Belarus, Kazakhstan, The Netherlands, Uzbekistan and UK. Farthest export market – Australia.

Highly professional, committed and devoted team of over 1000.

Production area of 480 000 square meter with easy access to highway and airport.

Olainfarm shares are listed at NASDAQ OMX Riga Official List.

vilAbout Olainfarm