AbelaPharm takes over pharma plant in Stari Banovci – Expansion and purchase of new machines to follow
This is the second factory owned by AbelaFarm, which has invested EUR 6 million in procuring equipment, machines, facilities, production processes and licenses from renowned European and world companies in the past year and a half.
– This is good news for Serbia and the region, especially considering how rare it is that a regional company buys a production facility from one of the largest producers of generic medical drugs in Europe – the press release reads.
It was announced that the plant in Stari Banovci, which is a source of income for more than 100 families and in whose construction and equipping EUR 4 million was invested, would be further modernized through adaptation, expansion and purchase of new machines, as well as that the new plant would increase the capacities and enable a further expansion of the company, which already exports to the markets of Europe, EU, and Africa and is expected to soon start exporting to Asia as well.
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