January 18, 2017 5:33 PM ET


Company Overview of Galenika-Fitofarmacija A.D.

Company Overview

Galenika-Fitofarmacija a.d. manufactures and sells plant protection products based on generic active substances in Serbia. The company offers herbicides, insecticides, fungicides, rodenticides, fertilizers, and adjuvants. It also processes frozen fruits primarily raspberry; offers agricultural products, such as wheat, sunflower, corn, and wheat seeds; and collects and transports hazardous and non-hazardous waste. Galenika-Fitofarmacija a.d. was founded in 1955 and is based in Belgrade, Serbia.

Batajnicki drum bb


Belgrade,  11080


Founded in 1955

Key Executives for Galenika-Fitofarmacija A.D.

Galenika-Fitofarmacija A.D. does not have any Key Executives recorded.

Galenika-Fitofarmacija A.D. Key Developments

Serbia's Government Extended Timeline For The Privatisation Of Galenika

Serbia's government has extended by three months the deadline for the completion of the talks for the privatisation of drug maker Galenika-Fitofarmacija A.D., economy minister Goran Knezevic said. The talks are going in the right direction, but there are still some technical problems to be solved, primarily with Galenika's creditor banks, Knezevic said in a video posted on the website of Beta news agency.

Potential Sale Of The 33% Of Galenika-Fitofarmacija Might Be Canceled

The potential sale of the 33% of Galenika-Fitofarmacija A.D. (BELEX:FITO) to the consortium of Russian LLC NPA Petrovax Pharm and Frontier Pharma Limited could reportedly be canceled mainly due to the company's accumulated debt of €70 million. Some newspaper sources revealed that, banks failed to express readiness to postpone repayment of Galenika's debts, due to start from the beginning of December 2016.

Frontier Pharma And Petrovax Pharm Reportedly Eye Acquisition Of Stake In Galenika

The government of Serbia is due to begin negotiations with Frontier Pharma Limited and Russian LLC NPA Petrovax Pharm to sell 25% stake in Galenika-Fitofarmacija A.D. (BELEX:FITO), according to Serbian media reports. The deadline to reach an agreement is 90 days, RTS broadcaster reported.

Similar Private Companies By Industry

Company Name Region
18 Nentori Europe
AD Nemetali Europe
Banja Komerc d.o.o. Europe
Biser Kumane Europe
Blagotin (ZAD) Europe

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Galenika-Fitofarmacija A.D., please visit www.fitofarmacija.rs. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.