Stada

Business in Russia

The Hessen pharmaceutical company Stada has spun off its Russian business. "The owners of Stada recently decided to separate the Russian business of Stada AG and transfer it to their own company, which works independently and under the name "Nizhfarm", - the company replied.

Decision trail

Decision date 23/12/2023 · Reference ↗

The Russian authorities are discussing the possibility of introducing barrier duties of 220% on dietary supplements from unfriendly countries. The measure may affect such large manufacturers as Stada, Solgar, Unipharm. 11.2023: The entry about the founder of STADA ARTSNAIMITTEL was removed from the Unified State Register of Legal Entities. AGNIDDA LINKS S.A.R.L. becomes the new founder of the organization (probably internal deal). One of the largest German investors in the pharmaceutical industry of the Russian Federation, the company Stada, is moving its plants into a separate company and preparing them for sale. Vladimir Putin has transferred the management of one of Russia's largest pharmaceutical manufacturers, Nizhpharm, under temporary control. The decree applies to 100% of the shares owned by Luxembourg-based Nidda Lynx S.A.R.L., which is part of the German Stada group. The new temporary manager of the assets is the Russian company Farmirus. It was founded in 2020 and specializes in the supply of medicines. In 2022, the company operated at a loss with revenue of about 92 million rubles ($1 million).

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Status history since 2022

1. 03/08/2026 — exited · Imported from KSE LeaveRussia

Possible sanctions matches

Name-based matches against EU/US/UK lists — verify identity before drawing conclusions.

• Alireza OSTADAKBARI (US, in force)

Exposure profile