AD Dr. Panovski is one of the largest drugstores in North Macedonia, which for years has been bringing medical trends from around the world to our country.
Founded in 1991, AD Dr. Panovski is a company for trade and services in medicines, medical devices and medical equipment.
The company's focus is on meeting the needs of patients by marketing various types of safe and quality medical products.
The wide range of The medical products that AD Dr. Panovski works with are due to many years of cooperation with a large number of world-renowned manufacturers from abroad. The company's employees are highly qualified and specialized experts in the fields of medicine, pharmacy, biochemistry, electrical engineering and economics.

AD Dr. Panovski has been part of the 200 LARGEST AND SUCCESSFUL in North Macedonia since 2003. Since then, every year it has confirmed its place among the top companies in North Macedonia.
In 2023, the company generated revenue of 2,267,070,394 denars , with a total profit before tax of 182,935,294 denars .
In percentage terms, the company's revenue growth in 2023 is 42.65 percent .
According to these financial parameters, on the list of the largest companies , AD Dr. Panovski is ranked 125th, and on the list of the most successful, it is ranked 102nd.
Thanks to increased revenue growth and pre-tax profit, the company managed to move up 52 places on the list of largest companies, and 29 places on the ranking list of largest companies.

The company has existed for more than 30 years and its main activity is wholesale trade with:
As a leader in the Macedonian market in the field of healthcare, AD Dr. Panovski sets the highest standards with its professionalism, preparedness, effectiveness and quality of the products and services it offers, all with the aim of advancing the healthcare system in North Macedonia and improving the health of patients.
AD Dr. Panovski has been bringing high-quality medicines to Macedonian healthcare for years, thanks to partnership relationships and cooperation with some of the world's giants in the pharmaceutical and medical industry around the world.
The company collaborates with Swiss giants Roche and Swixx, as well as other globally renowned companies such as Shire/Takeda, Zentiva, Terumo BCT, etc.
AD Dr. Panovski has been participating in public procurement tenders in the Macedonian healthcare sector for years, being one of the key players without whom Macedonian operating rooms could not function.
In the last few years, the company has also contributed to aesthetic medicine, through the import of aesthetic products, i.e. minimally invasive products.
In addition to other products represented, Dr. Panovski is also an importer of Croma - Saypha® fillers , high-quality dermal fillers and hyaluronic acid masks for impeccable care and beauty.
Year after year, it is notable that AD Dr. Panovski is experiencing significant growth and is one of the largest wholesalers in the country, although, unlike other competing companies, it operates with a very small number of employees.
In 2023, the average number of employees at AD Dr. Panovski was 64.
What makes this company successful is, obviously, the way it conducts operations, that is, how it participates in the market.
The complete concentration on the import of medicines and medical devices with specialized purposes, on medicines for which the demand has increased in recent years, makes this company record constant success, although it participates very little in the market with its own pharmacies, i.e. direct sales facilities.
The import of aesthetic products, i.e. minimally invasive products, is just one example of how the company has been aligning its operations with the needs of the Macedonian market for years.
Thus, the trend of using such non-invasive methods for aesthetic correction has seen a significant increase over the years, and it is expected that this trend will increase even more in the years ahead.
And thanks to following trends and innovation, it is entirely expected that the company will achieve positive results in the years to come.
15-01-2026
14-01-2026
13-01-2026
The “200 Largest and Successful” review is very helpful for us from the international community. Indeed, the French Embassy is always looking for useful economic indicators and your review allow us to be well informed and to easily identify the most important economic agents of the Macedonian market. Your publication is also one of the best to stay up-to-date with Macedonian fast-moving economy and we are pleased to receive each new edition.
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