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Company profile: Alkaloid AD

Alkaloid AD Skopje, established on August 15, 1936, stands as a beacon of pharmaceutical excellence in North Macedonia.

Alkaloid AD Skopje, established on August 15, 1936, stands as a beacon of pharmaceutical excellence in North Macedonia. With over eight decades of unwavering commitment to health and well-being, the company has evolved from its initial focus on morphine extraction to a diversified enterprise encompassing pharmaceuticals, chemicals, cosmetics, and botanical products.



Founding and Early Development

The inception of Alkaloid was driven by a profound dedication to harnessing nature's potential for medicinal purposes. Beginning with the extraction of morphine from opium, the company laid a solid foundation in pharmaceutical manufacturing. This early endeavor not only showcased Alkaloid's technical prowess but also underscored its commitment to addressing critical health needs.

Expansion and Diversification

Over the years, Alkaloid expanded its product portfolio to include a wide range of pharmaceuticals, cosmetics, and chemical products. This diversification was a strategic move to meet the evolving demands of the healthcare and consumer markets. The company's dedication to quality and innovation has been instrumental in its sustained growth and reputation.

Global Presence

Alkaloid's influence extends beyond North Macedonia, with subsidiaries and representative offices in countries such as Serbia, Montenegro, Kosovo, Albania, Bosnia and Herzegovina, Croatia, Slovenia, Switzerland, Bulgaria, Turkey, Ukraine, the Russian Federation, and the USA. This international footprint reflects the company's commitment to delivering quality products and services to a global audience.

Commitment to Quality and Innovation

At the heart of Alkaloid's operations is a relentless pursuit of excellence. The company invests significantly in research and development, ensuring that its products meet the highest standards of quality and efficacy. This commitment is evident in its state-of-the-art manufacturing facilities and adherence to international quality standards.

Corporate Social Responsibility

Alkaloid's dedication to societal well-being extends beyond its product offerings. The company actively engages in initiatives that promote health, education, and environmental sustainability. By supporting various community programs and adhering to eco-friendly practices, Alkaloid exemplifies its role as a responsible corporate citizen.

Financial Performance

Demonstrating robust financial health, Alkaloid reported revenues of $292.41 million in 2023, marking a 15.56% increase from the previous year. This growth trajectory underscores the company's effective strategies and its ability to adapt to market dynamics.

Leadership and Vision

Under the leadership of CEO Zhivko Mukaetov, Alkaloid continues to navigate the complexities of the pharmaceutical industry with vision and integrity. The company's governance structure, comprising a Management Board and a Supervisory Board, ensures strategic oversight and operational excellence.

Alkaloid AD Skopje's journey from a modest pharmaceutical enterprise to a global player is a testament to its unwavering commitment to quality, innovation, and societal well-being. As it continues to expand its horizons, the company remains steadfast in its mission to enhance health and improve lives worldwide.

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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.

Laurence Auer, French Ambassador in Skopje

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