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Our stakeholders

Sopharma AD stands behind the believe that being a responsible corporate citizen is the only way to run our business and to succeed in todays turbulent times. Because people matter. The company runs its social responsibility program to improve lives and to ensure sustainable development of the society - not as a cliché, but as part of our business strategy.

Investors

Sopharma AD is a public company whose shares are traded on the “Bulgarian Stock Exchange – Sofia” AD and on the Warsaw Stock Exchange. More than 5000 local and foreign legal and physical persons are shareholders in the company. Sopharma AD has been rewarded on a number of occasions with best corporate governance awards. In its communication with investors the company aims at following all internationally acknowledged best pracices in the field of good corporate governance, to provide timely and precise information, which reaches all interested parties simultaneously and to always provide additional information when this is needed.

Local communities

Sopharma AD invests in its local manufacturing sites to protect the economic livelihood of local communities and in 2015  investments increased with 42%. Traditionally the company was a supporter of different projects in Vrabevo such as а sport center to imrove general health; school Hristo Botev; trading center with a pharmacy and a restaurant; St. Archangel Mihail church’s roof repairs. Sopharma AD invested in 2 guest houses in Vrabevo as a place for employees’ holidays.
Sopharma AD works with Veliko Tarnovo municipality starting with projects for donations of medicines for clubs for elderly and retired people, but the program was outspread to investments in rennovations of the clubs, donations for the community centers, free computers for the students of the Military University in Veliko Tarnovo, etc.. Veliko Tarnovo municipality supported the “80 planted trees” social project for 80th Anniversary of Sopharma.

Citizens

We are changing together the city we live in, deliver the pleasure of art to people and develop crowdsourcing
We all have our playground. Sopharma AD restored the children playground in the Kniaz Boris garden and for 8 years the company maintains the installations for the Sofia municipality.
The "Zdravi" innovative eco bicycle parking rack was opened during the closed competition of the European Tennis Tournament of NTCveterans. It is the first one of a series of bicycle racks by which #sopharmabike. The ”Zdravi” bicycle parking rack is designed for 12 bicycles and is placed near the tennis courts in the Kniaz Boris Garden. The next one was opened in front of the National Library St. Cyril and St. Methodius. The ambition of the Project creators is that more new and beautiful bike racks made of natural materials can be installed, which would change our urban environment. Bike racks locations have been determined after voting on Facebook.
For the third year Sopharma AD took part in ParkING day global initiative for turning the parking places into something different - library, playground, cooking zone, a place to rest. Sopharma made a healthy center for sport and brain activities for a day. In 2014 our parking place was for healthy entertainment with Zdravi machine and the year before for checking of health indicators.
 

Pharmaceutical industries

Sopharma AD is a member and co-founder of BG Pharma and a member of EGA and European organization of manufacturers  of medicines sold over the counter (AESGP).
As a member of EGA Sopharma AD participates in adoption of Code of Conduct for the Manufacture of Generic and Biosimilar Medicines in the EU. The event followed the adoption of the EC guiding principles for good governance in the pharmaceutical sector.
At the 21st Annual Conference of the EGA, EGA President Mr Nick Haggar said that the European industry for generic and biosimilar medicines “fulfils its mission by providing high quality medicines for patients in Europe, increasing their access to effective treatment and partnering for sustainable healthcare”. There is a huge opportunity to increase access to medicines through competition in generic medicines across Europe (from 55% to 75% of medicines) to be sustainable and ethical (according to the newly approved Code of Ethical Behaviour of EGA). The generic and biosimilar industry is developing a model for sustainable pharmaceutical innovations associated with the development and manufacture of value-added products that can improve health outcomes and efficiency in hospitals. 
Pro-generic medicine policy favors society. One of the purposes of the latest healthcare strategy, Bulgaria has to spend more public funds for medical treatment of patients with generic medicines, which are much cheaper than the original drugs. Thus, this country would be able to save a substantial amount of money, according to Ognian Donev. “We are still waiting to see real policy in this field. The authorities must find a suitable solution, which would be in favor of the Bulgarian patients and reach a balance between the use of innovative and generic medicines.”, Ognian Donev said.
 
Better access for better health by 2020 is the aim of the 2020 European Medicines Agency /EMA/ Strategy. It will be achieved by high-standard global regulatory convergence, a single development programme for generic and biosimilar medicines and optimisation of regulatory processes supported by telematics tools.

Partnerships and memberships

Sopharma AD is a member of Global Compact Bulgarian Network, Confederation of Employers and Industrialist in Bulgaria (KRIB), Association of Bulgarian Exporters (AHK), AmCham, Bulgarian National Committee of International Chamber of Commerce, Association of Bulgarian Exporters and a co-founder of KRIB, ICC Bulgaria and ABE . The Company is in partnership with different organisations such as Bulgarian Charities Aid Foundation, Bulgarian PR Society, ABIRD, etc.

As an active member of Global Compact Bulgarian Network Sopharma AD participates in joint projects of the Network “'I Am Proud of the Work of My Parents', “The Road of the Food”, “Responsible choice”, etc.
On 02.11.2015 the national initiative “I Am Proud of the Work of My Parents” took place for third consecutive year in 21 companies, in 19 cities in the country. The idea is for the business to show the employees’ children, using specially developed programmes and games, why their parents’ labour is important. The children learned about 115 professions from more than 15 sectors of the economy. More than 600 children “took over” factories, laboratories and business spaces. 

The “Responsible Choice” Project aimed to show that the companies can, through transparency in responsible production and supply, demonstrate to the consumers that with their actions the latter have the power to change the production practices, to influence the „fashion“ imposed by advertisers and to nurture anticonsumerist culture in themselves and young people. The project is officially launched with a business breakfast with representatives of the leader companies and a flasmob.
 
Sopharma AD joined the 10 jubilee edition of the “Get Ready to Succeed”charity program of the BCAF. At a special ceremony on the 10th of November in the Military Club in Sofia, 120 young men and women were awarded scholarships. The program has been helping excellent parentless students from high schools and universities to continue their education. the company  chose to support two future medics because pharmacy and medicine have always been inextricably related. “Doctor” and “Pharmacist” are among professions that could not develop without people’s trust, and together, they restore the most valuable asset in life – health.

Health Government agencies

Sopharma AD works with Bulgarian Drug Agency, Health Commission in National Parliament and Ministry of Health.

Employees

Being a responsible employer Sopharma guarantees freedom of association, provides inclusive health and educational services for the employees. There are 3 labor unions, 2 national represented and 1 “in-house” in the company. 
Providing safe and healthy working conditions is part of the standard but extends commitment to ensuring our workers and all employees’ workplaces, according to their knowledge and skills and invests in their development. We have 50% growth of training programs for 2015.
Sopharma AD ensure different social services  to the employee /link to “people”/:

  • Medical services with extra access to health care resources through free additional health insurance and annual preventive health check-up.
  • Free dental services in Sopharma dental care center.  
  • Library.
  • In-house kindergarten.
  • Area for sport activities "Healthy": free fitness club; yoga and folk dance classes; 4 holiday centres with preferential conditions for our employees.