General information about Sopharma Group

Main activities

Sopharma Group (the Group) is a leading Bulgarian producer, exporter and local distributor of pharmaceutical products with a strong presence in Eastern and South-eastern Europe, offering a wide range of prescription medicines and OTC products, food supplements, cosmetics and medical devices.

The Group operates in the following areas:

  • production of pharmaceutical products including medicines, primarily generics, herbal-based substances and food supplements, which is mainly done by "Sopharma" AD (the Company);
  • production of medicinal products and medicinal cosmetics, as plasters, bandages and sanitary-hygiene products focused at the production site in Sandanski city;
  • distribution of pharmaceuticals, medical supplies, sanitary materials, vitamins, food supplements and cosmetics, which is mainly performed by "Sopharma Trading" in Bulgaria.

Registration and activity of the Company

"Sopharma" AD is a company registered in Bulgaria under the Provisions of the Commercial Act, with its registered office in Sofia, 16 Iliensko shose Str.

"Sopharma" AD was established in 1933. The court registration of the Group is from 15.11.1991, decision №1/1991 of Sofia City Court. "Sopharma" AD is a public company under the Law on Public Offering of Securities.

The Company conducts the production and marketing of medicinal substances and dosage forms; research, engineering and implementation activities in the field of phytochemistry, chemistry and pharmacy, production of medical products and cosmetics, incl. — plasters, bandages, sanitary-hygiene products, herbal cosmetics, concentrates for hemodialysis. "Sopharma" AD provides services related to production, as well as to ancillary and supporting activities.

Controlled companies

Sopharma Group consists of "Sopharma" AD and seventy-eight subsidiaries, directly or indirectly controlled by the Company. Additionally, the Group has investments in two associated companies and one joint venture.

Company Interest as at 31.12.2021 in %
"Sopharma Trading" AD 81.34
"Pharmalogistica" AD 89.39
"Elektroncommerce" EOOD 100.00
"Biopharm Engineering" AD 97.15
"Phyto Palauzovo" AD 95.00
"Veta Pharma" AD 99.98
"Sopharmacy" EOODindirect interest 81.34
"Sopharmacy 2″ EOODindirect interest 81.34
"Sopharmacy 3″ EOODindirect interest 81.34
"Sopharmacy 4″ EOODindirect interest 81.34
"Sopharmacy 5″ EOODindirect interest 81.34
"Sopharmacy 6″ EOODindirect interest 81.34
"Sopharmacy 7″ EOODindirect interest 81.34
"Sopharmacy 8″ EOODindirect interest 81.34
"Sopharmacy 9″ EOODindirect interest 81.34
"Sopharmacy 10″ EOODindirect interest 81.34
"Sopharmacy 11″ EOODindirect interest 81.34
"Sopharmacy 12″ EOODindirect interest 81.34
"Sopharmacy 13″ EOODindirect interest 81.34
"Sopharmacy 14″ EOODindirect interest 81.34
"Sopharmacy 15″ EOODindirect interest 81.34
"Sopharmacy 16″ EOODindirect interest 81.34
"Sopharmacy 17″ EOODindirect interest 81.34
"Sopharmacy 18″ EOODindirect interest 81.34
"Sopharmacy 19″ EOOD (Valentina Vasileva — Lyulin EOOD)indirect interest 81.34
"Sopharmacy 20″ EOOD (Vasilka Lilovska EOOD)indirect interest 81.34
"Sopharmacy 21″ EOOD (Venera Mutashka EOOD)indirect interest 81.34
"Sopharmacy 22″ EOOD (Veselka Vasileva EOOD)indirect interest 81.34
"Sopharmacy 23″ EOOD (Victoria Angelova EOOD)indirect interest 81.34
"Sopharmacy 24″ EOOD (Desislava Jordanova EOOD)indirect interest 81.34
"Sopharmacy 25″ EOOD (Dimka Vladeva EOOD)indirect interest 81.34
"Sopharmacy 26″ EOOD (Donka Chivganova EOOD)indirect interest 81.34
"Sopharmacy 27″ EOOD (Ekaterina Mihaylova — Shumen 1 EOOD)indirect interest 81.34
"Sopharmacy 28″ EOOD (Elka Neykova EOOD)indirect interest 81.34
"Sopharmacy 29″ EOOD (Emilia Angelova EOOD)indirect interest 81.34
"Sopharmacy 30″ EOOD (Juliana Kotova EOOD)indirect interest 81.34
"Sopharmacy 31″ EOOD (Ivan Ivanov 1 EOOD)indirect interest 81.34
"Sopharmacy 32″ EOOD (Iliana Kalushkova EOOD)indirect interest 81.34
"Sopharmacy 33″ EOOD (Irina Toncheva EOOD)indirect interest 81.34
"Sopharmacy 34″ EOOD (Kapka Nikolova — Military Hospital EOOD)indirect interest 81.34
"Sopharmacy 35″ EOOD (Kostadin Gorchev EOOD)indirect interest 81.34
"Sopharmacy 36″ EOOD (Krasimira Shunina EOOD)indirect interest 81.34
"Sopharmacy 37″ EOOD (Lora Doncheva EOOD)indirect interest 81.34
"Sopharmacy 38″ EOOD (Lyudmila Zlatkova EOOD)indirect interest 81.34
"Sopharmacy 39″ EOOD (Lyudmila Kovacheva EOOD)indirect interest 81.34
"Sopharmacy 40″ EOOD (Manik Burgazyan EOOD)indirect interest 81.34
"Sopharmacy 41″ EOOD (Mariyka Jaigarova EOOD)indirect interest 81.34
"Sopharmacy 42″ EOOD (Mariya Agova EOOD)indirect interest 81.34
"Sopharmacy 43″ EOOD (Mariya Gancheva EOOD)indirect interest 81.34
"Sopharmacy 44″ EOOD (Mariya Kenova EOOD)indirect interest 81.34
"Sopharmacy 45″ EOOD (Mariya Hristova — Motopista EOOD)indirect interest 81.34
"Sopharmacy 46″ EOOD (Mariyana Markova EOOD)indirect interest 81.34
"Sopharmacy 47″ EOOD (Mary Ivanova EOOD)indirect interest 81.34
"Sopharmacy 48″ EOOD (Nelly Stavreva EOOD)indirect interest 81.34
"Sopharmacy 49″ EOOD (Preslava Becheva EOOD)indirect interest 81.34
"Sopharmacy 50″ EOOD (Rayna Madzharova-St. Georgi Sofiyski EOOD)indirect interest 81.34
"Sopharmacy 51″ EOOD (Rumyana Ignatova — Gancheva EOOD)indirect interest 81.34
"Sopharmacy 52″ EOOD (Sashka Todorova EOOD)indirect interest 81.34
"Sopharmacy 53″ EOOD (Svetla Harizanova EOOD)indirect interest 81.34
"Sopharmacy 54″ EOOD (Svetlana Pirpirova EOOD)indirect interest 81.34
"Sopharmacy 55″ EOOD (Ceiba-Blagoevgrad-1 EOOD)indirect interest 81.34
"Sopharmacy 56″ EOOD (Silviya Veneva EOOD)indirect interest 81.34
"Sopharmacy 57″ EOOD (Siyana Milanova EOOD)indirect interest 81.34
"Sopharmacy 58″ EOOD (Stoyanka Radenkova EOOD)indirect interest 81.34
"Sopharmacy 59″ EOOD (Avdzhieva EOOD)indirect interest 81.34
"Sopharmacy 60″ EOOD (Radina Bekova EOOD)indirect interest 81.34
"Sopharmacy 61″ EOOD (Rumen Raynov EOOD)indirect interest 81.34
"Sopharmacy 62″ EOOD (Hani Modhi EOOD)indirect interest 81.34
"Sopharmacy 63″ EOOD (SCS Franchise EAD)indirect interest 81.34
"Sopharmacy 64″ EOOD (Sanita Franchising AD)indirect interest 81.34
PAO "Vitamini" 100.00
"Sopharma" Warsaw Sp. z. o. o 100.00
"Sopharma" Poland Sp. z. o. o — in liquidation 60.00
OOO "Sopharma" Ukraine 100.00
TOO "Sopharma" Kazakhstan 100.00
"Rap Pharma International" OOD 80.00
"Sopharma Trading" D.o.o. (Lekovit D.o.o.)indirect interest 81.34
"Pharmachim" EOOD 100.00
* effective interest in percent

Board of directors

"Sopharma" AD has a one tier management system with a Board of Directors of five members as follows: Ognian Donev, PhD — Chairman, Vessela Stoeva — Deputy Chairman and members — Alexander Tchaoushev, Bissera Lazarova and Ivan Badinski. The company has two procurators — Simeon Donev and Ivan Badinski. The company is represented and managed by the Executive Director Ognian Donev, PhD.

Members of the key management personnel of the Group include the disclosed in Note №1 Executive Director and members of the Board of Directors of the Company. Additionally, it includes the executive directors, the board of directors and the managers of subsidiaries of the Group.

Shareholder structure as at 31 December 2021