# ALKALOID AD Skopje Registers New Company in Kazakhstan

> ALKALOID AD Skopje registered a new subsidiary company in Kazakhstan, under the name Alkaloid Kazakhstan LLC, marking the company’s first subsidiary in…

Source: https://alkaloid.com.mk/alkaloid-ad-skopje-registers-new-company-in-kazakhstan

Sep 27, 2024

  

ALKALOID AD Skopje registered a new subsidiary company in Kazakhstan, under the name Alkaloid Kazakhstan LLC, marking the company’s first subsidiary in Asia. The company is 100% owned by ALKALOID AD Skopje.

  

This company’s establishment presents a tremendous opportunity to capitalize on the immense potential of selling pharmaceutical products in this market, valued at 2 billion euros annually. With a population of 19.6 million, Kazakhstan has the strongest economy in Central Asia. Alkaloid’s portfolio in Kazakhstan will initially consist of antibiotics and nutritional supplements for pregnant women. The company’s future plans involve broadening its product assortment and presence into other countries within this region of interest. The Kazakhstan subsidiary, based in the city of Almaty, marks Alkaloid’s 26th capital-related company.

  

The expansion into the Asian continent is consistent with the company's key strategic objectives, including its strong focus on export growth and the globalization of the Alkaloid brand.

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