Farmak to invest UAH 230 mln in project development in 2017

17:51, 30.08.2017 1 min read

PJSC Farmak pharmaceutical company will invest UAH 230 million in the development of projects in 2017, Farmak CEO Augustin Dubnicka has said.

"We plan to invest about UAH 230 million in the development of projects in 2017," he said in an interview with Interfax-Ukraine.

According to Dubnicka, at present the company uses and plans to use mainly own funds for the development of projects, although in the past the company used a certain amount of attracted resources.

He also said in the first half of 2017 Farmak's revenues increased by 23% compared to the same period in 2016.

In 2017 the company expects to receive profit in the amount of about UAH 6.3 billion.

PJSC Farmak (Kyiv) is the largest pharmaceutical company in Ukraine. The ultimate beneficiary of the company is Filia Zhebrivska.