Company Profile

Olainfarm AS is a Latvia-based company engaged in the pharmaceutical sector. The Company is active in the production of basic pharmaceutical products and pharmaceutical preparations. The Company's activities include numerous finished forms of medicaments with effects, which include cardiological, neurologic, diuretic, spasmologic and antiallergic drug preparations, medicaments treating the digestive system, antibiotics and food supplements, as well as various active chemical ingredients and raw chemical materials. Its products include Amlodipine, Clonazepam, Euphillin, Furosemide, Furagin, Midolat, Protionol and Gripoflex, among others. The Company operates through its subsidiaries which includes Reinolds SIA, Ozols JDR SIA, Olainfarm energija SIA, Ilmas Aptiekas SIA and Veritas-Farm, among others. In addition, the Company has 33 pharmacies, located in Riga, Vidzeme, Kurzeme and Latgale. In May 2013, it acquired a 47.5% shares in pharmaceutical manufacturer SIA Silvanols.

Employees

2,191

Sector

Pharmaceuticals

More about the company

06/12/21	AS "AB CITY" completed the acquisition of an additional 49.19% stake in AS Olainfarm from a group of shareholders for €64.2 million.	CI
12/11/21	Olainfarm Board OKs AB City's Mandatory Share Buyback Offer	MT
30/09/21	AS Olainfarm : AB City Plans to Initiate Mandatory Repurchase Offer for Olainfarm Shares	MT
29/09/21	AS "AB CITY" made an offer to acquire an additional 50.8% stake in AS Olainfarm from a group of shareholders for €66.3 million.	CI
31/08/21	AS Olainfarm, Q2 2021 Earnings Call, Aug 31, 2021
31/08/21	As Olainfarm Reports Earnings Results for the Half Year Ended June 30, 2021	CI
24/08/21	AS "AB CITY" completed the acquisition of 48.08% stake in AS Olainfarm for ?62.7 million.	CI
30/07/21	Janis Buks Elected as the Chairperson of the Management Board of JSC Olainfarm	CI
04/07/21	AS "AB CITY" made a mandatory bid to acquire 69.2% stake in AS Olainfarm for ?90.2 million.	CI
18/06/21	AS Olainfarm Approves Dividend for the Year 2020, Payable on July 12, 2021	CI
18/06/21	JSC Olainfarm Announces Board Appointments	CI
17/06/21	JSC Olainfarm Announces Management Changes	CI
16/06/21	JSC “Olainfarm” Elects Audit Committee	CI

07/01/22	Delisting of AS "Olainfarm” shares from the Baltic Main list	AQ
06/01/22	Notification about results of final buy-back of shares	AQ
30/12/21	Notification about final share buy-back	AQ
28/12/21	Correction: Regarding results of a share buy-back offer	AQ
28/12/21	On substantial participation (4) - specified	AQ

Manager	Title	Age	Since
Juris Hmelnickis CEO	Chief Executive Officer	46	31/12/2025
Janis Leimanis DFI	Director of Finance/CFO	56	-
Mikhail Skomorokhov CTO	Chief Tech/Sci/R&D Officer	-	31/12/2009

Director	Title	Age	Since
Andrejs Leibovics BRD	Director/Board Member	63	18/06/2021
Janis Buks CHM	Chairman	-	31/08/2022
Roberts Tavjevs BRD	Director/Board Member	-	-

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
AS OLAINFARM	+7.19%	+2.67%	-	-	148M
SUN PHARMACEUTICAL INDUSTRIES LTD.	-0.18%	+1.00%	+15.36%	+77.38%	48.41B
OTSUKA HOLDINGS CO., LTD.	+2.79%	+1.95%	+61.90%	+112.57%	34.99B
CIPLA LIMITED	+1.72%	0.00%	-4.65%	+35.25%	11.62B
ZYDUS LIFESCIENCES LIMITED	-0.40%	-3.03%	+14.18%	+80.68%	11.47B
KRKA, D. D.	-0.37%	-0.19%	+36.83%	+136.73%	8.99B
ONO PHARMACEUTICAL CO., LTD.	+1.58%	+0.47%	+48.92%	-5.74%	6.88B
GEDEON RICHTER	-0.77%	-3.48%	+13.66%	+32.01%	6.62B
GLENMARK PHARMACEUTICALS LIMITED	-0.80%	-2.21%	+1.95%	+177.32%	6.43B
SHENZHEN SALUBRIS PHARMACEUTICALS CO., LTD.	+1.60%	-15.49%	-29.66%	+8.47%	5.75B
Average	+1.25%	-1.73%	+17.61%	+72.74%	15.69B
Weighted average by Cap.	+0.81%	-0.93%	+25.63%	+82.24%

AS Olainfarm Share Price

Stocks

OLF1R

LV0000100501

Pharmaceuticals

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Managers and Directors: AS Olainfarm

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Generic Pharmaceuticals

Company Profile