April 25, 2018 9:56 AM 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

151 Employees

Key Executives for Galenika-Fitofarmacija A.D.

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

Galenika-Fitofarmacija A.D. Key Developments

Galenika Fitofarmacija Announces Earnings Results for the First Half of 2017

Galenika Fitofarmacija announced earnings results for the first half of 2017. For the first half, the company’s net profit was RSD 1.254 billion compared to RSD 1.203 billion a year ago. Pre-tax profit was RSD 1.325 billion compared to RSD 1.252 billion a year ago. Operating profit was RSD 1.179 billion compared to RSD 1.100 billion a year ago. Operating income was RSD 3.407 billion compared to RSD 3.118 billion a year ago.

Galenika Privatization Tender Expected To Commence On September 1

Serbia's government is expected to launch a tender for the sale of a majority stake in Galenika-Fitofarmacija A.D. (BELEX:FITO) (‘Galenika’) on September 1, 2017 according to local media. The size of the stake that will go on sale was not disclosed, but the government will increase its share in Galenika to more than 90% by converting debt into equity prior to launching the tender. The Serbian state controls 70% of Galenika directly and a further 15% via Akcionarski fond a.d.

Galenika-Fitofarmacija A.D., Annual General Meeting, Jun 23, 2017

Galenika-Fitofarmacija A.D., Annual General Meeting, Jun 23, 2017.

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