Native name Галеника а.д. Traded as BELEX: FITO Founded 1945 Total equity 0 EUR (2013) | Type Public limited company Industry Pharmaceuticals Revenue 40.42 million EUR (2013) Total assets 223.9 million EUR (2013) | |
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Key people Živomir Novaković (general director) Products | ||
Galenika a.d. is a Serbian pharmaceutical company based in Zemun, Belgrade, controlling one-third of the pharmaceutical market share in the country. Founded in 1945, Galenika is a major pharmaceutical drug-maker in the Balkans with exports to Europe, Africa and Asia.
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Still a state-owned company, Galenika is gradually moving towards a privatized model. The Government of Serbia announced its intent to privatize Galenika sometime in 2013.
As of 2006, Galenika remains a leader in research and development as the only pharmaceutical company in Serbia with an institute registered with the Ministry of Science and Environmental Protection.
Logos
From 1945, for this company, there are four different logos. The first logo of company is used from 1945 to 1992, the second logo is used from 1992 to 1998 (which has been marked as ICN Galenika), the third logo is used from 1998 to 2002, and the fourth and current logo is in use from 2002.
Market and financial data
According to its most recent annual financial report submitted to Serbian Business Registers Agency (SBRA), the company has approximately 2,200 employees and it posted an annual loss of RSD 5,018,790,000 (approximately €43.78 million at the time) for the calendar year of 2013. As of 29 May 2015, Galenika has a market capitalization of €48.17 million.