Ukrainian biotechnology company Biopharma plans to inaugurate its production facility in Arad, Romania, at the end of 2027. Investments in the first stage are EUR 85 million, according to the company’s president, Kostiantyn Yefymenko.
“We have already completed the construction of the building, and by September 1 we will finish connecting all engineering infrastructure. We have already ordered the filling line. By the end of June we will sign contracts for the supply of reaction equipment and all other technological equipment. We will start operations in December 2027,” the company’s president, Kostiantyn Yefymenko, said.
Biopharma’s total investments in the factories in Ujhorod and Arad will reach about EUR 500 million.
Source: economica.net