About AB City

"AB City" is the parent company of two commercially and socially significant joint stock companies: AS "Repharm" and  AS "Olainfarm"The conglomerate includes healthcare, pharmaceutical retail and wholesale, production companies and laboratory test service providers operating in the Baltic region with a total annual turnover of over EUR 500 million.

People and health are the focus for the businesses and brands represented by "AB City", producing medicines at "Olainfarm", providing services at "Mēness aptieka pharmacies", "Veselības centru apvienība" and "InMedica group" medical institutions, branches of "Centrālā laboratorija", the wholesaler "Recipe Plus" as well as plant-based medicines at "Rīgas Farmaceitiskā fabrika". 

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We believe that affordable health care means healthier society and happier people.

Latest news

AS AB CITY starts the mandatory buy-back of AS Olainfarm shares

AS AB CITY starts the mandatory buy-back of AS Olainfarm shares

08 November 2021

In order to ensure that AS Olainfarm shareholders have the opportunity to receive fair value for their shares, the mandatory buy-back of AS Olainfarm shares is currently taking place. It is being conducted in accordance with the provisions of the Republic of Latvia’s Financial Instrument Market Law, and is being overseen by the Financial and Capital Market Commission (FCMC).

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FCMC allows mandatory Olainfarm share buy-back to go ahead

FCMC allows mandatory Olainfarm share buy-back to go ahead

03 November 2021

Today, 3 November, the Repharm Group’s parent company AS AB City has received permission from the Financial and Capital Market Commission (FCMC) to go ahead and make a mandatory AS Olainfarm share buy-back offer.

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AB City submits the Olainfarm share buy-back prospectus to the FCMC

AB City submits the Olainfarm share buy-back prospectus to the FCMC

22 October 2021

AS AB City has made an application to the Financial and Capital Market Commission (FCMC) to make a mandatory buy-back offer for the shares in AS Olainfarm.

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