Hemofarm a.d. Financials and Operations

Hemofarm a.d. is a pharmaceutical company based in Vršac, Serbia. It was founded in 1948.

Hemofarm a.d. operates in the pharmaceutical industry, manufacturing a wide range of products including human and veterinary medicines. Its products are sold in over 20 countries worldwide.

The company's financials are a key aspect of its operations. In 2020, Hemofarm a.d. reported revenues of €340 million.

Hemofarm A.D.'s annual revenue was $287 million in 2025.

The company's financial performance is a significant aspect of its overall success.

Hemofarm A.D. has achieved a substantial revenue milestone in recent years.

Its annual revenue has been steadily increasing, but the exact figures for previous years are not provided in the available information.

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Hemofarm a.d. has a clear leadership structure in place, with Veljko Pesic serving as the Sales and Marketing Director.

This indicates a focus on growing the company's customer base and increasing revenue through effective marketing strategies.

Veljko Pesic's leadership role suggests that he is responsible for overseeing the development and implementation of sales and marketing plans.

1,220 people are employed at Hemofarm A.D..

Having a large workforce can be a challenge for leaders, but it also provides opportunities for growth and development.

Veljko Pesic is the Sales and Marketing Director of Hemofarm A.D..

Effective leadership starts from the top, and in this case, Veljko Pesic is leading the sales and marketing efforts at Hemofarm A.D..

Veljko Pesic is the Sales and Marketing Director of Hemofarm A.D..

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Suzana Djordjevic, the director of the Hemofarm Foundation in Serbia, is a shining example of effective leadership. She explores the themes of collectivism and social care, showing how individual acts can have a profound impact.

Having enjoyed a successful career, Suzana now focuses on creating a positive difference in her community. Her dedication to social care is evident in her work.

As a leader, Suzana understands the importance of collectivism, where the needs of the community are prioritized over individual interests. This approach can lead to remarkable outcomes.

Suzana's experience and expertise make her a valuable asset to her organization and community. Her leadership style is a great example to follow.

Hemofarm a.d. falls under specific industry and classification codes. The company's NAICS codes are 3254, 325, 32, and 32541.

These codes indicate that Hemofarm a.d. is involved in the production of pharmaceuticals and chemicals. The company's focus on these areas is evident in its NAICS classification.

Hemofarm a.d. also has SIC codes 283 and 28, which further support its involvement in the pharmaceutical and chemical industries.

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The NAICS code is a crucial identifier for businesses, and understanding its meaning can help you navigate the world of industry and classification.

The NAICS code is a six-digit code that categorizes businesses based on their primary business activity. This code helps the government and businesses track economic data and make informed decisions.

For example, Hemofarm A.D. has a NAICS code of 3254, which indicates that it is a manufacturer of pharmaceuticals and medicines. This code is specific to the industry and helps identify the company's primary business activity.

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NAICS codes can be broken down into more specific categories, such as 325, which indicates that Hemofarm A.D. is in the chemical manufacturing industry. This code provides a more detailed classification of the company's business activity.

The NAICS code can also be broken down to the level of a specific product or service, such as 32541, which indicates that Hemofarm A.D. is a manufacturer of medicinal and pharmaceutical preparations. This level of detail can be useful for businesses that offer a range of products or services.

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The SIC code is a numerical classification system used to categorize businesses and industries.

Hemofarm A.D. is classified under SIC codes 283 and 28, indicating its involvement in the pharmaceutical industry.

Understanding the SIC code is crucial for businesses to identify their industry and classification.

For instance, a company like Hemofarm A.D. can use its SIC code to identify its place within the pharmaceutical industry.

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Hemofarm's R&D division was established in 1990, and it has been recognized by STADA as a competence center for development of new generic products.

This means that Hemofarm has a strong foundation for creating new products, which is crucial for staying competitive in the market.

The division has been focused on developing products for registration and sale in the European Union market since 2007.

This is a significant achievement, considering the EU's strict regulations and high standards for pharmaceutical products.

By establishing itself as a competence center, Hemofarm has gained recognition within the STADA Group for its expertise in developing new generic products.

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