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Mission and Message


We care about human health, as well as the interests and welfare of our employees and shareholders. We are innovation based and environmentally friendly company.


We aim to become a significant European pharmaceutical company.


Employees – we are professionals using our knowledge and skills to achieve the determined goals.


Quality – we are responsible for the production of safe and effective medication, ecologically clean environment and work place safety.


Innovations – we are steering development of science and research, as well as implementing latest technologies.


Stability – we are reliable partners, socially responsible and honouring traditions.

Message from Kirovs Lipmans, Chairman of the Council

Health of a society is one of the national priority areas. Being a world-class pharmaceutical company located in the Baltic States and a major player in the Latvian economy, Grindeks feels co-responsible for public health and the underlying health care and does what it takes in order to promote its development.

Pharmacy is an industry whose technology is developing very fast and each year quality standards increase. Expanding its activities, the company annually invests considerable resources in the development of manufacturing, research and quality. The company’s development is our pride! As a sustainable and development oriented company Grindeks is pleased to be one of the leading Latvian manufacturers that manufactures products with high added value. When walking its path of development, Grindeks has strengthened its vertical integration capability for years, namely, executing a full company cycle with its own resources – research, development, manufacturing of active pharmaceutical ingredients and final dosage forms, registration and sales.

Performance results and success of the company also enhances the Grindeks’ contribution to sustainable economic, social and environmental development. Grindeks actively involves in Corporate Social Responsibility projects, particularly taking care of the development of science and education in Latvia. Grindeks’ diverse social activities, close interaction with science and education, continuous dialogue with the healthcare industry professionals and patients, as well as the high level of public trust are the major success drivers for the company’s further development.

Grindeks’ Council is deeply grateful to the company’s patients, clients, partners and employees and wishes something really important for everybody – good health!

Sincerely yours,
Kirovs Lipmans


Message from Juris Bundulis, Chairman of the Board

Pharmaceutical business is both humane and socially responsible, but it is also a complicated business, which is highly competitive and strictly regulated. Today, the mission of helping many people, strengthening their health and improving their quality of life is one of the driving forces behind the company and the guideline of Grindeks – concern for public health – is a constant value. 

We continuously develop our business model which had previously focus primarily on the best-selling products, and increasingly focus on a broader range of products and services. Grindeks has always focused on the sustainable development of the company, therefore we continue to invest in both product portfolio development and acquisition of new markets. Along with the main therapeutic areas – cardiovascular medication, anti-cancer drugs and central nervous system affecting medication, Grindeks purposefully expands its offer in therapeutic group of gastroenteric tract and metabolism medication, as well as uses the advantages of vertical integration – developing and manufacturing active pharmaceutical ingredient with its own resources, from which final dosage forms are manufactured and offered.

On behalf of the Grindeks Board, I express my gratitude to Grindeks team – the company’s shareholders’ ability to respond to the changing situation, to be welcoming to ideas and responsible in decision-making, and employees for their trust in management of the company and ability to achieve the goals set. I would also like to thank our business partners, clients, and especially – the faithful Grindeks patients!


Sincerely yours,
Juris Bundulis

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