Bulgaria's Sopharma to Open Brand New Plant in Belgrade

Industry | September 26, 2011, Monday // 14:44|  views

Sopharma CEO and owner Ognyan Donev recently made it clear that the large Bulgarian pharmaceutical producer is embarking on an ambitious program to expand its sales and presence throughout Eastern Europe. Photo by BGNES

Bulgarian pharmaceutical giant Sopharma will open a new tablet manufacturing plant in Serbia's capital Belgrade, it has been announced.

The Bulgarian company has invested in the new plant together with "Ivanchich ans Sons LTD", the Bulgarian Dnevnik daily has informed, with the total investment estimated at EUR 8 M. A total of 120 people will be hired at the plant that is to be officially opened on September 28.

The Bulgarian company is not seeking to outsource its production but aims at increasing its production capacity, Sopharma officials have pointed out in a media statement.

Sopharma CEO and owner Ognyan Donev recently made it clear that the large Bulgarian pharmaceutical producer is embarking on an ambitious program to expand its sales and presence throughout Eastern Europe, especially the Baltic states, Poland, Belarus, Ukraine, Serbia, and Turkey and possibly Greece.

Sopharma is known as one of the leading pharmaceutical companies in Bulgaria.

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Tags: Sopharma, Ognyan Donev, Belgrade, plant, tablets, pharmaceutical, Serbia

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