Mission of JSC Olainfarm:

JSC Olainfarm is one of the largest manufacturers of finished drug forms and pharmaceutical semiproducts in the Baltic States. The key principle of our work is manufacturing of reliable and effective high quality products to the whole world. We want to build fair and effective cooperation with our customers: patients, physicians, pharmacists and partners. To achieve our goals, we make a team of highly qualified, socially secured and well motivated employees. Our priority is organization of environmentally friendly manufacturing process and constant increase of the Company’s value.

Vision of JSC Olainfarm:

We aim to become the leading manufacturer of finished drug forms and chemical-pharmaceutical products in the Baltics whose products are well known and available worldwide.

Tasks and objectives of JSC Olainfarm:

Product development and marketing

• Optimization of the product portfolio and its extension with new finished drug forms taking into account wishes and needs of our customers;
• Development of chemical products and new innovative products and technologies, especially in collaboration with Latvian scientists and scientific research institutions;
• Registration of the Company’s produced finished drug forms and supplies to markets of various countries worldwide;
• Enhancement of the existing representation offices and marketing agencies, as well as opening of new representation offices;
• Development and preservation of the Company’s intellectual capital.

Manufacturing and product quality

• Regular upgrading of the Company’s manufacturing sites, premises, equipment and processes according to the Good Management Practice and other highest international standards;
• Creation of new manufacturing sites on the existing basis and creation of new work places;
• Maximum automation of technological processes in order to increase the Company’s operational efficiency and to enhance labour safety;
• Manufacturing of quality products and provision of accurate and correct information about the products, in order to enhance the trust of our customers.

Social policy

• Remuneration for the employees according to their roles and input to the Company;
• Provision of social guarantees to the employees and constant enhancement of labour safety;
• Support to training of new specialists in the field and giving opportunities to existing employees for personal growth.

Environment protection

• Ethical attitude towards the environment and organization of environmentally friendly manufacturing process;
• Constant qualitative and quantitative diminishing of negative impact on the environment by the Company.

Investor relations

• Constant work on creation of the Company’s value through innovation, growth and increase of profit;
• Timely provision of reliable and transparent information about the activities and economic condition of the Company;
• Openness and transparency for investor interest in the Company.