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ACINO ESTONIA OÜ

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ACINO ESTONIA OÜ current status

This company's branding has already reached 7,042 peopleand his is followed by 9 Storybook users.On average, the company has been rated 5.0 points.and commented 2 times.

's activity report 2022

I.

Main activities and services

The main activities of Acino Estonia OÜ are the packaging and sale of medicines and dietary supplements (EMTAK 21101 production of basic pharmaceutical products) and the provision of packaging services.

The company operates at Jaama 55B Põlva. The pharmaceutical factory was first launched on September 24, 1992.

Acino Group acquired the factory on October 31, 2016. Acino is a Swiss pharmaceutical group headquartered in Zurich and owns pharmaceutical factories in Switzerland, Ukraine and South Africa. Sales organizations are located in rapidly developing markets in the Middle East, Africa, Central America and the CIS countries.

On February 15, 2022, the investment fund ADQ from Abu Dhabi (United Arab Emirates) acquired 100% of Acino pharmaceutical group shares.

II.

Development of the operating environment and Acino's position

Acino Estonia OÜ has a license for the production and wholesale of medicines issued by the State Agency of Medicines and a GMP certificate of compliance with good manufacturing practices. The company also has a license from the Agricultural and Food Board for packaging dietary supplements. Long-term operating experience and the possession of relevant licenses and certificates allow the packaging of medicines and dietary supplements in accordance with EU requirements on competitive terms within the corporation and also as a service provider to third parties. Today, the factory has four operating contracts for packaging medicines. In recent years, the number of price inquiries for packaging services directed to the Põlva factory has increased, thanks to the corporation's active CMOL (Contract Manufacturing & Out-licensing) marketing activities.

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The Põlva factory also houses several Acino corporate functions and support functions for Swiss factories.

Acino Estonia is one of the largest companies in Põlva city and a recognized and reliable employer in Southern Estonia. Acino provides jobs for 100 employees.

The Acino group operates in three business segments: 1) sales and marketing of products in selected strategic markets; 2) outlicensing; 3) provision of contract manufacturing services.

Operating in Acino Group's selected target markets and continuously strengthening its market position under conditions of rising price pressure necessitates the reorganization of production activities and the removal of large-volume activities (including packaging) from Swiss factories. A packaging factory in Põlva that meets EU requirements is a suitable alternative for this purpose.

There is no seasonal impact on business, except for the regular summer collective vacation in production, which temporarily and plannedly reduces production volumes and thus turnover.

Acino Estonia participates in packaging recycling in accordance with the law. We make significant additional efforts to contribute even more to sustainability. Most of our incoming packages are recycled: we send them back to the supplier, sell them for reuse for other purposes, or direct them for recycling.

Acino Estonia OÜ

Jaama St. 55B 63308 Põlva, Estonia

Phone +372 7998 100 www.acino.swiss

Registry code 14072902

ACINO ESTONIA OÜ contacts

Cooperation partners

The company's largest partners

EE- Estonia

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