Bosnalijek Explained

Bosnalijek
Type:Public (SASE: BSNLR)
Location:Sarajevo, Bosnia and Herzegovina
Key People:Adnan Hadžić
Industry:Pharmaceutical
Products:Solid oral form medicines, ampule medicines, galenic products, non-pharmaceutical chemical products
Revenue: 80.91 million
Revenue Year:[1]
Net Income: €6.62 million
Assets: €157.01 million
Equity: €91.00 million
Owner:Haden S.A.
KBC Euro Credit Capital
Economic and Social Development Fund
Others
Num Employees:720
Num Employees Year:[2]
Homepage:http://www.bosnalijek.ba/

Bosnalijek is a Bosnian pharmaceutical company headquartered in Sarajevo, Bosnia and Herzegovina. Established in 1951, it is the largest pharmaceutical company in Bosnia and Herzegovina, present in more than 20 markets and having annual revenue of around 80 million euros (as of 2018).

History

Bosnalijek was established in 1951 in Sarajevo, FPR Yugoslavia, present-day Bosnia and Herzegovina.

In 2005, the International Finance Corporation provided Bosnalijek with a 7.5 million loan for the construction of an €18.5 million production and distribution center.[3]

In August 2016, Bosnalijek celebrated its 65-year anniversary.[4] In October 2016, the Government of the Federation of Bosnia and Herzegovina sold its remaining shares in the company in the auction.[5]

As of 2019, Bosnalijek is presented in more than 20 markets, with revenues from foreign markets accounting for 76% of all revenues.[6]

Notes and References

  1. Web site: Report on Company operations in 4th quarter 2018 . bosnalijek.com . 9 June 2019 . Bosnian.
  2. Web site: BOSNALIJEK D.D. SARAJEVO Opće informacije . sase.ba . 9 June 2019 . Bosnian.
  3. http://ifcln001.worldbank.org/ifcext/eca.nsf/Content/SelectedProjectBosnia?OpenDocument&UNID=0B9E73628312552185256FB300801FC1 Summary of Project Information, Project Number 24017
  4. News: Bosnalijek slavi 65 godina uspješnog rada . 9 June 2019 . klix.ba . 14 August 2016 . Bosnian.
  5. News: Bosnia region sells stake in drugmaker Bosnalijek for $13.4 mln . 9 June 2019 . reuters.com . 6 October 2016.
  6. News: Uzunović: Najveći dio prihoda od prodaje Bosnalijek realizira van BiH . 9 June 2019 . biznis.ba . 12 May 2019 . Bosnian.