The completion of reconstruction and construction of Goodwill Pharma’s new factory, which includes a manufacturing facility, the laboratory for physico-chemical and microbiological testing, a warehouse and an office building, was officially celebrated in Subotica.
Goodwill Pharma is a pharmaceutical company operating in Serbia since 2003, and construction of the manufacturing facility began in late 2017. In less than 2 years, a new 4,000-square-foot business unit has been completed, with a production facility with a projected annual capacity of 15 million units.
The € 4.7m investment was aided by the Hungarian Government through the Prosperitati Foundation by providing € 1.4m in financial assistance as part of a series of technology-driven projects contributing to the overall progress of the Serbian economy, as well as strengthening friendship between the two countries.
“Goodwill Pharma is opening a factory where construction work has been completed, equipment installed, and is in the process of preparing application for a manufacturing license from the Ministry of Health, which is planned for the first quarter of 2020. This is a crucial step for us in the further development strategy of the company, which will focus on the production of high quality medicines and dietary products, which will have a local and global presence” said Zoltan Tamaš, General Manager of Goodwill Pharma Serbia.
Prominent guests at the opening of the Goodwill Pharma factory were: Magyar Levente, Deputy Minister of Foreign Affairs and Trade of Hungary, and Pásztor István, President of the Assembly of AP Vojvodina and President of the Union of Vojvodina Hungarians.