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Replek - Macedonian pharmaceutical company with 80 years of tradition

Replek is a Macedonian pharmaceutical company of European quality. As a synonym for quality and trust, the company is among the 200 LARGEST AND MOST SUCCESSFUL.

"Replek" is a Macedonian pharmaceutical company that has been building a successful story for 80 years. The range of 150 pharmaceutical products is represented both on the Macedonian and international markets.

Today, "Replek" is a company that has over 400 highly qualified employees, enthusiasts who are led by the vision of success, quality and products that are recognizable by consumers in more than 25 countries.

"Over the years, we have changed, innovated and created synergy from different experiences, growing together with our employees" - the company emphasizes on its official website.


"Replek" in 109th place among the Most Successful Companies in Macedonia

The company has been working dedicatedly with products that are present in everyone's everyday life for 80 years, and this in itself contributes to "Replek" being counted among the 200 LARGEST AND SUCCESSFUL companies in Macedonia.

Known for its quality pharmaceutical products, "Replek" has been synonymous with the production of medicines in Macedonia according to the highest standards for years.

It is a company that simultaneously follows the trends in pharmacy in all developed European countries.

And hard work yields results. Proof of this are the positive financial reports, as well as the constant conquest of new markets in the world and the increase in exports.

In 2023, the company generated revenue of 1,652,430,777 denars, and in one year it recorded a revenue growth of 279.60%.

With a profit growth of 188.63%, "Replek" ranked 177th among the Largest Companies in Macedonia and 109th among the Most Successful Companies in Macedonia.

In the same year, the company recorded an increase in sales in foreign markets.

Sales outside Macedonia increased by 43%, and the company's positions were also strengthened on the domestic market, where a growth of 37% was achieved compared to 2022.

Hence, it is clear that in large part the success of "Replek" is due precisely to the change in the export strategy and the increased presence of Macedonian medicines in pharmacies on the foreign market.


"Replek" - A brand that inspires confidence among consumers in markets in more than 25 countries

Under the motto "For my good", "Replek" as a company is focused on creating products that aim to enable a longer and better quality of life.

All work processes in the company are within the framework of ethical work, working with the highest standards and in accordance with the needs of the modern lifestyle.

The company's production capacity produces more than 150 medicines. It is a facility that is designed, built and equipped in accordance with the latest requirements for good manufacturing practice and the strictest requirements for environmental protection.

Their production capacity meets the strictest requirements for quality and safety of medicines.

"We strive to create an individual approach for our users. We strive to create well-being.

Our vision is to always follow the needs of our users, to follow their lifestyle habits, to create a better future together. We do all this with a huge passion for work, for research and with great courage to meet your expectations" - say the company.

"Replek" has managed to find itself among the largest companies in Macedonia, not only in the pharmaceutical sector, but also beyond.

Their activity could be divided into several key sectors:

  • Development and research;
  • Production;
  • Registration and positioning of products in existing and new markets;
  • Storage and distribution;

"Replek" is a Macedonian brand that, thanks to its long-standing quality, has managed to gain great trust among consumers.

This is especially important nowadays when everyone has information at their fingertips and is well-versed in all the necessary things when it comes to choosing the best for their own health.

The company's motto "For My Good" goes in that direction, which in itself emphasizes that consumers know that they will receive products of European quality if they choose the "Replek" brand.

The company offers a wide range of pharmaceutical products, medicines produced in Macedonia and by our professional staff, which are intended for everyone's needs - from painkillers to cosmetics and dietary supplements.

Of particular importance are the cannabis extract products that the company began producing in 2016.

"Replek" was actually the first company in Macedonia to start producing preparations containing cannabis extracts (CBT/THC), which to a large extent meant improving the quality of life of a large group of citizens facing various health conditions.

Namely, according to the latest scientific research and results obtained within clinical practice, in the treatment of chronic pain of various origins and the role of products containing medical cannabis extract (CBD and THC).

Cannabinoids, the active compounds in cannabis, act through the body's endocannabinoid system, which plays a role in regulating pain perception.

The therapeutic properties of cannabis have been recognized by many regulatory bodies, including the US Food and Drug Administration (FDA).


Foreign markets – primary drivers of Replek's success

The majority of Replek's products are sold in foreign markets

Replek is an export-oriented company and a large part of its production, around 75%, is placed in foreign markets.

Replek's products, in addition to domestic pharmacies and the Balkans, are also sold in pharmacies in EU member states, in Southeast Europe, the Commonwealth of Independent States (CIS), Southeast Asia, Africa and the Middle East.

In 2023, the European Medicines Agency (EMA) confirmed the high quality of Replek's products for the fourth time. The company has received the EUGMP (Good Manufacturing Practice) certificate for the fourth time.

This certificate is a confirmation of good manufacturing practice in accordance with the highest standards of the European Union.

In addition, the EUGMP certificate is a necessary condition for "Replek" to be able to enter the EU market, but at the same time it is extremely important for placement in other markets and in countries that are not part of the Union.

It is thanks to this certificate that Macedonian pharmaceutical products of "Replek" are available on markets around the world.

"Replek" products are represented in over 25 foreign markets.

Some of the company's products from the pharmaceutical program are among the best-selling in some markets, which is a direct confirmation of the quality and high competitiveness on a global level and proves the potential for further growth and development.

"The company's success and the completion of a successful year is due to the strategic development policy, within which we initiated bold transition processes that improved and strengthened the company's performance.

We firmly believe that changes and progress start from within, and this new company energy has already been recognized in the markets.

We have ambitious plans and this is just the beginning of their realization.

We firmly believe in our portfolio, the enrichment of which our pharmaceutical teams are dedicatedly working on, and we are confident that our dedication will bring additional growth to the company, but will also contribute to the development of the entire Macedonian economy," said Dušan Pecovski, CEO of "Replek AD" Skopje, in a statement addressed to the public on the occasion of the company's successfully completed year.


The company's growth continues in the future

This giant in Macedonian pharmacy does not intend to stop with progress. Their goal is to achieve a leadership position in the domestic, but also in the international markets.

"The work of "Replek" represents a synergy of highly qualified personnel, process innovation, science and research. We are always open to new ideas, we value and appreciate education and knowledge, we encourage vision and change. We value every bold idea, we support every innovative step" - the company emphasizes on their website.

The main goal of the company is the continuous implementation of new technologies in operations, the construction of new capacities, the expansion of the product range, the increase in the number of export partners and the achievement of greater cost-effectiveness.

The company also invests in improving the quality, therapeutic efficacy, safety and security of the generic drugs it produces.

"Replek" strives to improve cooperation with foreign and domestic partners in the long term, while taking care of end consumers and their needs.

One of their characteristics is the continuous increase in shareholders' capital by running a profitable, fast-growing company.


"Replek" in the family of 200 LARGEST AND SUCCESSFUL

"Replek" has been in the elite company of 200 LARGEST AND MOST SUCCESSFUL companies in Macedonia since 2003 and, in accordance with its success, has changed positions among the Largest Companies in Macedonia and the Most Successful Companies in Macedonia.

Thanks to many years of dedicated work, dedication to the well-being of both its employees and its consumers, it can be seen from the CLUB 200 publications over the years that the company has only grown.

"Replek" is synonymous with quality pharmaceutical products at an affordable price for consumers. They know that from this company they receive medicines made according to the most modern standards and with European quality.

In addition to being maximally dedicated to development and the future, the company is also a socially responsible company, which has so far been involved in and implemented a large number of events with humanitarian purposes, or with the aim of promoting well-being.

The company is constantly looking for new professional staff that will help it build its vision for dominance in the domestic and global pharmaceutical market.

From all of the above, it can be concluded that this is a company that we can expect over the years to only climb higher on the list of the 200 LARGEST AND SUCCESSFUL – as a pharmaceutical company that has managed to find the perfect recipe for success and defy all challenges over the years.

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Annual edition

The State Statistical Office greets the efforts and dedication of Euro Business Center Skopje, as patron of the publication “200 Largest and most successful”, for promoting the success of the largest and most successful companies in Republic of Macedonia. Presenting official statistical data and the actual economy situation in Republic of Macedonia is of particular importance for the readers of the publication. It is a confirmation for the importance of the statistics in bringing decisions based on relevant, quality, accurate and on-time statistical data.

STATE STATISTICAL OFFICE

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