The joint stock company “Olainfarm” is one of the largest companies in the Baltic States with more than 40 years’ experience in the production of medicines and chemical-pharmaceutical products.
The company was founded in 1972 as a state company “Olaines ķīmiski – farmaceitiskā rūpnīca”. The main purpose of its establishment was to provide all production plants of finished drug forms in the Soviet Union with pharmaceutical substances and semi-products. As a result of privatisation, in 1997, the company was reorganised into a joint stock company and trading of its shares at the Riga Stock Exchange was started.
Nowadays, AS “Olainfarm” is among the leading representatives in the pharmaceutical sector of Latvia and the Baltic States employing more than 1000 highly qualified specialists. The company uses modern technologies recognised by international practice, and it is certified according to the Good Manufacturing Practice of the European Union (GMP), Environmental Management Standard ISO 14001:2004, as well as partially to the US FDA standards (FDA).