- Hemofarm Group
Infobox_Company
company_name = Hemofarm Group
type =Private
foundation = 1960
location =Vršac ,Serbia
num_employees = 3,500
industry =Pharmaceuticals
products =Pharmaceuticals ,Prescription drugs
revenue = profit
homepage = [http://www.hemofarm.com/ Hemofarm.com]Hemofarm Group is amongst the largest pharmaceutical companies in
Serbia accounting for 45 percent of total sales in 2004. [ [http://books.google.com/books?id=dduTMrBQxBsC "Doing Business with Serbia"] By Marat Terterov, Consultant Editor, Marat Terterov, Inc NetLibrary; Published by GMB Publishing Ltd, 2006; ISBN 1905050682, 9781905050680.]History
The Hemoform Group was founded in 1960 in Vrsac. In 2003 they opened the first irst factory for the production of medicine in the
Republika Srpska . As of 2003 Hemoform consisted of 21 companies, 12 of which were located in Serbia and Montenegro. [cite web |url=http://www.accessmylibrary.com/coms2/summary_0286-22517946_ITM |title=Bosnian Serb , Serbian premiers inaugurate pharmaceutical plant. |accessdate=2008-10-02 |date=February 21, 2003 |publisher=Asia Africa Intelligence Wire]In 2004, the company acquired four other Serbian concerns, increasing its market share from 15% to 45% in the process. [ [http://books.google.com/books?id=dduTMrBQxBsC "Doing Business with Serbia"] By Marat Terterov, Consultant Editor, Marat Terterov, Inc NetLibrary; Published by GMB Publishing Ltd, 2006; ISBN 1905050682, 9781905050680.]
The company was recently privatized and bought by German
STADA Arzneimittel in 2006. [http://www.hemofarm.com/DesktopDefault.aspx?TabID=3454&Alias=hemofarm&Lang=en] [http://www.aapsyu.org/LKhemofarmE.htm]ubsidiaries
Hemofarm holds smaller subsidiaries across Serbia such as [http://www.zorkapharma.com/ Zorka Pharma A.D.] and [http://www.fondacija.hemofarm.com/ Fondacija Hemofarm] as well as business centers in
Belgrade ,Novi Sad ,Kragujevac andNiš . [http://www.hemofarm.com/DesktopDefault.aspx?TabID=3436&Alias=hemofarm&Lang=en] They also sponsor theKK Hemofarm basketball team. [cite web |url=http://sports.espn.go.com/nba/story?id=1586626 |title=Hemofarm Vrsac says it has Piston through 2009 |accessdate=2008-10-02 |date=July 29, 2003 |publisher=ESPN ]References
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