AB City begins repurchase of Olainfarm shares owned by minority shareholders

The offered price per share is 9.26 euros, which was calculated within the framework of the already completed mandatory share repurchase offer in accordance with the method specified in the Financial Instruments Market Law. In order to sell Olainfarm shares, shareholders must contact the commercial bank or brokerage company where the securities account is opened […]

Olainfarm Group’s turnover increased by 3.4% in the first quarter

The turnover of the pharmaceutical manufacturer JSC “Olainfarm” in the first quarter of this year was 33.499 million euros, which is 3.4% more than in the corresponding period of 2020, while the group’s profit has increased 2.4 times and was 5.149 million euros, according to the company “Nasdaq Riga”. “We have started the year with […]

For the Olainfarm Group, a nine-month drop in sales results

In the first nine months of 2020, the largest sales volume of the Olainfarm Group was in Latvia, reaching 28,738 thousand euros, which is 232 thousand euros or 1% more than in the same period last year. According to the company, Latvia’s sales account for 32% of the group’s total revenue. In the first nine […]

Saveljeva calls for the powers of several Olainfarm board members to be limited

Saveljeva calls for changes to Olainfarm’s articles of association, stipulating that the chairman of the company’s board represents the company separately, but the other members of the board have the right to represent the company together with at least two other members of the board. Currently, the company’s board has seven board members, of whom […]