The Board of Directors of Biofarm S.A. informs investors that, as part of its periodic strategic planning and corporate governance process, it has reviewed the Company’s medium- and longterm development directions, as well as the means of supporting and capitalizing on these.
„In view of the scale of certain future stages of development, as well as the fact that some strategic objectives may be accelerated or optimized through appropriate integration, the Board of Directors has decided to identify strategic opportunities for the Company. These may include the continuation of independent development, organic investments, or the identification of forms of strategic cooperation, integration or alignment with a strategic partner, as well as value realization for the benefit of all shareholders,” reads the company’s report.
The Board of Directors has empowered the Company’s Chief Executive Officer to coordinate the above-mentioned evaluation process.
Biofarm operates two plants in Bucharest.
(English version by Catalina Apostoiu)