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Olainfarm transforms into Olpha, aiming to become Europe's TOP 10 pharmaceutical company

Olainfarm transforms into Olpha, aiming to become Europe's TOP 10 pharmaceutical company

19 June 2024

Olainfarm JSC, a leading Latvian pharmaceutical company and drug manufacturer, announced a rebranding to Olpha on June 19 The company's development strategy is to grow from a regional player to an international pharmaceutical company and Olpha aims to become one of the top ten pharmaceutical companies in Europe...

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“Mēness aptieka” stresses the importance of environmental factors in maintaining health

“Mēness aptieka” stresses the importance of environmental factors in maintaining health

13 June 2024

Every June, with heart health in mind, “Mēness aptieka” raises important issues about cardiovascular diseases and their prevention, conducts public opinion polls and, in cooperation with doctors and the patient organisation, encourages greater use of prevention options and brings forth important topics for discussions relating to heart health.

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People have laboratory tests as prescribed by their GP or specialist

People have laboratory tests as prescribed by their GP or specialist

10 June 2024

Residents of Latvia follow the instructions of their doctors and have the tests prescribed by their GP or specialist carried out in a laboratory.

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Pharmacists observe heart surgery at the Latvian Centre of Cardiology

Pharmacists observe heart surgery at the Latvian Centre of Cardiology

07 June 2024

In order to better understand the treatment processes of patients with cardiovascular diseases while providing much needed pharmaceutical care, pharmacists from “Mēness aptieka” met with specialists from the Latvian Centre of Cardiology...

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“Veselības centru apvienība” opens an Early Atherosclerosis and Dyslipidaemia Office

“Veselības centru apvienība” opens an Early Atherosclerosis and Dyslipidaemia Office

24 May 2024

The Early Atherosclerosis and Dyslipidaemia Office has been opened in the “Aura” polyclinic of “Veselības centru apvienība” (VCA).

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Six young chemistry and biology teachers in Latvia are awarded scholarships of 18 000 euros

Six young chemistry and biology teachers in Latvia are awarded scholarships of 18 000 euros

30 April 2024

Latvia faces a shortage of teachers, with a critical situation emerging, particularly in natural sciences and technology (STEM).

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Director of Strategic and Health Policy Joins the Management Team of AB CITY Group

Director of Strategic and Health Policy Joins the Management Team of AB CITY Group

29 September 2023

In order to further improve AB CITY Group's operations, Kristine Jučkoviča, Director of Strategic and Health Policy, has joined the management team, complementing the centralised management of functions within the holding company.

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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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The Purchase of Olainfarm Shares Announced by AB City Has Been Completed

The Purchase of Olainfarm Shares Announced by AB City Has Been Completed

26 August 2021

On Wednesday, August 25, the purchase of Olainfarm shares announced by AB City was completed...

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Olainfarm Share Buyback – Green Light from Court

Olainfarm Share Buyback – Green Light from Court

24 August 2021

Today, Olainfarm Share Buyback got another green light from Court and AB City buyback offer to shareholders can go ahead unhampered...

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JSC “AB City” offers to purchase JSC “Olainfarm” shares from shareholders

JSC “AB City” offers to purchase JSC “Olainfarm” shares from shareholders

19 August 2021

From 19 to 25 August 2021, JSC “AB City” offers to repurchase JSC “Olainfarm” shares owned by shareholders.

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The mandatory Olainfarm share buy-back concluded

The mandatory Olainfarm share buy-back concluded

18 August 2021

Olainfarm minority shareholders have sold sharesworth almost EUR 22.5 million to AB City

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“AB City” will provide minority shareholders of Olainfarm with an opportunity to sell their shares for the price approved by FCMC

“AB City” will provide minority shareholders of Olainfarm with an opportunity to sell their shares for the price approved by FCMC

10 August 2021

JSC “AB City” appreciates the efforts of the Financial and Capital Market Commission (FCMC) to protect minority shareholders of JSC “Olainfarm”, who wish to use the mandatory share repurchase bid...

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“AB City” announces extension of the tender offer for “Olainfarm” shares

“AB City” announces extension of the tender offer for “Olainfarm” shares

09 August 2021

JSC “Repharm” parent company JSC “AB City” has announced its readiness to continue purchasing the JSC “Olainfarm” shares owned by minority shareholders also after the end of the period of the mandatory tender offer for JSC “Olainfarm” shares, expiring on 17 August...

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FCMC permits JSC “AB City” to make a mandatory repurchase offer for shares of JSC “Olainfarm”

FCMC permits JSC “AB City” to make a mandatory repurchase offer for shares of JSC “Olainfarm”

15 July 2021

The Financial and Capital Market Commission has decided to permit JSC “AB City” to make a mandatory repurchase offer for shares of JSC “Olainfarm”, because JSC “AB City”, based on the indirectly acquired ownership...

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“Repharm” group will ask for FCMC’s permission to make a mandatory share repurchase offer to the shareholders of “Olainfarm”

“Repharm” group will ask for FCMC’s permission to make a mandatory share repurchase offer to the shareholders of “Olainfarm”

21 June 2021

“Repharm” group has informed Nasdaq Riga of an agreement with Nika Saveļjeva to acquire 7.8% of the voting rights in JSC “Olainfarm” by exercising these rights through JSC “AB City”, the mother company of JSC “Repharm”...

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