Clean Break: the company completely halting Russian engagements or exiting Russia

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Bionorica is one of the world's leading manufacturers of phytopharmaceuticals.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
39
Assets(RF), mln.USD
16
Capital(RF), mln.USD
12
Staff(RF), 2021
280
Taxes(RF), mln.USD
2
The Company Statement
August 10, 2023

German pharmaceutical company Bionorica put up for sale an unfinished plant in Voronezh. The fact that the German pharmaceutical company Bionorica began looking for buyers for its plant for the production of drugs in Voronezh, was told by a source close to the company that was considering the acquisition of this enterprise. According to him, the decision to sell is related to the sanctions restrictions imposed by the European Union on Russia, as a result of which the import of foreign raw materials and special equipment necessary for the production of medicines into Russia has become impossible.

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