Ecopharm EOOD
Ecopharm EOOD is a privately held Bulgarian pharmaceutical company founded in 2000 that imports, distributes, and manufactures generic and original medicines, OTC products, food supplements, and cosmetics for the Bulgarian pharmacy and healthcare market through a nationwide sales and logistics network.
- Company typePrivate
- Founded2000
- HeadquartersSofia, Bulgaria
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ecopharm EOOD does
Ecopharm EOOD is a privately held Bulgarian pharmaceutical company founded in 2000 in Sofia as the successor to the German firm ASTA Medica. It operates across the full pharmaceutical value chain: importing, wholesale trading, and distributing original and generic medicines, medical devices, food supplements, and cosmetic products on a nationwide basis in Bulgaria, while also manufacturing pharmaceutical products under its own brand names through the GE pharmaceuticals joint venture in Botevgrad with Austrian generics firm Genericon. The company states that over 90% of the products it offers are its own intellectual property, covering therapeutic categories such as cardiology, antibiotics, oncology, gynecology, gastroenterology, dermatology, urology, nephrology, neurology, orthopedics, antivirals, allergology, endocrinology, OTC and food supplements, with a product catalog of roughly 70+ commercial SKUs.
The company employs approximately 120 highly qualified specialists across Bulgaria in a structure that covers all regions of the country, including medical representatives, a dedicated logistics center in Pancharevo (Sofia), and a regulated quality management system certified to EN ISO 9001:2015 with Good Manufacturing Practice (GMP), Good Distribution Practice (GDP), Good Pharmacovigilance Practice (GVP), and GDPR compliance. Ecopharm holds Bulgarian production and import licenses, wholesale trade permits, and a narcotics license for medical purposes, which together form the regulated backbone of the business. It also maintains distribution partnerships with more than a dozen international pharmaceutical manufacturers including Baxter Oncology, Besins Healthcare, Cadila, Claris Lifesciences, Olainfarm, Genericon, Ranbaxy, Torrent Pharma, and Ipca, diversifying its portfolio with imported originator and generic brands.
Commercially, Ecopharm generates revenue through pharmaceutical distribution and marketing (transaction-fee, wholesale-distribution model) and through proprietary-brand manufacturing (per-product licensing). Customers are Bulgarian pharmacies, healthcare institutions, and end consumers purchasing prescription and OTC medicines, food supplements, and cosmetics. The company is led by founder and Managing Director Dr. Petar Velev and has been recognised with regional industry awards in 2015 (Golden Seal for European Management; Golden Book for contribution to Bulgarian economy) and holds direct membership in the Bulgarian Chamber of Commerce and Industry for 2026. The business operates exclusively in Bulgaria with no international retail footprint and is privately held with no disclosed funding rounds.
Ecopharm EOOD firmographics
Firmographics- Name
- Ecopharm EOOD
- Legal name
- Екофарм ЕООД
- Website
- https://ecopharm.bg
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Ecopharm EOOD is a privately held Bulgarian pharmaceutical company founded in 2000 that imports, distributes, and manufactures generic and original medicines, OTC products, food supplements, and cosmetics for the Bulgarian pharmacy and healthcare market through a nationwide sales and logistics network.
- Ownership category
- akta.pro rank
Ecopharm EOOD industry classification
Industry- Product category
- Generic Pharmaceuticals
- NAICS
- Pharmaceutical Preparation Manufacturing (325412), Drugs and Druggists' Sundries Merchant Wholesalers (424210), Biological Product (except Diagnostic) Manufacturing (325414)
- SIC
- Pharmaceutical Preparations (2834), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Endocrinology & Reproductive Health Pharmaceuticals (incl. Women’s Health) (HLAIAAAJ)
- akta.pro secondary industries
- Bio-based Pharmaceuticals, Nutraceuticals & Specialty Bioactives (EUAAAIAK), Medical Supplies & Consumables Wholesale (Non-Device) (CRAOAHAE)
Keywords
Where Ecopharm EOOD is headquartered
LocationHeadquarters
- HQ city
- Sofia
- HQ country
- Bulgaria
- HQ region
- Europe
Offices3 records
Markets served
Ecopharm EOOD business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Pharmaceutical Distribution & Marketing: Import, wholesale trade and distribution of a wide range of original and generic medicines, medical devices, food supplements, and cosmetic products from established global pharmaceutical companies.
- Pharmaceutical Manufacturing: Manufacturing of medicinal products under the company's own brand names, with activities covering certification, release, storage and distribution of pharmaceutical products. Over 90% of offered products are the company's own intellectual property.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Ecopharm EOOD product offering
Product offeringCore offering
Ecopharm EOOD imports, distributes, and manufactures pharmaceutical products in Bulgaria, with a portfolio spanning original and generic medicines, medical devices, food supplements, and cosmetic products. Over 90% of offered products are the company's own intellectual property, developed and produced under its own brand names across therapeutic categories including cardiology, antibiotics, oncology, neurology, gastroenterology, dermatology, urology, gynecology, endocrinology, orthopedics, and allergology. Operations are backed by GMP, GDP, GVP, and ISO 9001:2015 certifications and a nationwide marketing and logistics network.
Product overview
Ecopharm EOOD is a Bulgarian pharmaceutical company founded in 2000 as successor to ASTA Medica, operating as a leading pharmaceutical company in Bulgaria. The company operates a comprehensive portfolio consisting of prescription medications across therapeutic categories (cardiology, antibiotics, oncology, neurology, gastroenterology, endocrinology, urology, dermatology, gynecology), OTC medications, food supplements, and cosmetic products. The product portfolio includes own-brand products (such as Амлодипин Екофарм, Аторвастатин Екофарм, Миноциклин Екофарм, and others) as well as distributed products from international pharmaceutical partners. Over 90% of products offered are the company's own intellectual property. The company also maintains a joint venture, GE pharmaceuticals, with Austrian generic company Genericon for pharmaceutical manufacturing in Botevgrad.
Differentiator
Problem solved
Functional benefit
Products and services
- Cardiovascular prescription medications
Quantifiable outcome
- Over 90% of products offered are the company's own intellectual property, providing long-term market stability.
Companies that use Ecopharm EOOD
Customer profileSegments3 records
Ideal customer profiles3 records
Ecopharm EOOD technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ecopharm EOOD partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and minor.
- Baxter Oncology GmbHcoreBaxter Oncology, acquired from ASTA Medica Oncology in 2001, develops, manufactures, and sells oncology pharmaceutical products in over 100 countries worldwide. The company has a significant presence in Europe, North, and Latin America. Ecopharm distributes Baxter's oncology products in Bulgaria.
- Besins HealthcarecoreBesins Healthcare is a pharmaceutical company specializing in innovative medicines and dietary supplements, with over 30 years of experience in gynecology and hormonal therapy for women and men. Products are distributed in over 90 countries through subsidiary companies and local business partners.
- Cadila Pharmaceuticals LimitedcoreCadila Pharmaceuticals Ltd. is one of the largest private pharmaceutical companies in India, headquartered in Ahmedabad. With over six decades of experience, it develops and manufactures pharmaceutical products sold in over 85 countries worldwide, with over 4,000 employees including more than 200 in 49 offices outside India.
- Claris Lifesciences LimitedcoreClaris Lifesciences is one of the largest pharmaceutical companies in India producing sterile injectable pharmaceutical products, distributed in over 76 countries worldwide. Product portfolio includes medicines for anesthesia, intensive care, infectious diseases, kidney diseases, infusion therapy, enteral and parenteral nutrition, and oncology.
- Olainfarm JSCcoreAD Olainfarm (Joint Stock Company Olainfarm) is one of the largest Baltic companies with over 30 years of experience in pharmaceutical production, active substances, and chemical substances. Certified according to European GMP requirements, FDA standards (USA), and ISO 14001:2004 environmental management systems, with approximately 900 highly qualified specialists.
- Genericon Pharma Gesellschaft m.b.HcoreGenericon Pharma is an Austrian generic pharmaceutical company. Together with Ecopharm, it co-invested in GE pharmaceuticals, a modern high-tech pharmaceutical manufacturing facility located in Botevgrad, Bulgaria, which won the 'Production Building of the Year' award in 2006.
- RanbaxycoreRanbaxy is a major Indian pharmaceutical company, among the largest in the generic drugs sector globally, distributing pharmaceutical products worldwide.
- Silvanols Ltd.minorSilvanols is a 'green' pharmaceutical company producing natural dietary supplements, medical devices, and OTC medicines for over 20 years, leveraging Latvia's clean natural environment to develop innovative products using pure natural ingredients.
- Heaton Group a.s.minorHeaton Group a.s. is a Czech pharmaceutical company founded in 2000, with subsidiaries across Central and Eastern Europe. The group holds trading licenses for 20 molecules in the Czech Republic and Slovakia, and is expanding into Southeast Europe.
- Torrent PharmacoreTorrent Pharma is a leading Indian pharmaceutical company, dominant in cardiovascular (CV) and central nervous system (CNS) therapeutic areas, with significant presence in gastrointestinal, diabetes, anti-infective, and pain management segments. Has a strong international presence in over 40 countries with wholly-owned subsidiaries in the USA, UK, Germany, Brazil, Russia, and Mexico.
- Venture LifeminorVentureLife is an international company focused on self-care products for the aging population, specializing in the development, manufacturing, and marketing of dietary supplements, dermo-cosmetics, and medical devices. Products are available primarily through pharmacies via international distribution partners.
- Herba LaboratorijminorHerba Laboratorij, founded in 2004 in Croatia, specializes in developing and producing herbal dietary supplements and cosmetics, leveraging a long tradition of natural cosmetics and healthy living.
- Ipca Laboratories LtdcoreIpca is a fully integrated Indian pharmaceutical company serving global healthcare for over 60 years in over 110 countries. Produces over 350 pharmaceutical formulations and 80 APIs for various therapeutic segments. International clients include major pharmaceutical giants such as AstraZeneca, GlaxoSmithKline, Merck, Roche, and Sanofi Aventis.
- LITfas PharmaceuticalsminorLITfas Pharmaceuticals is a marketing and distribution company focused on progressive trends in European pharmacy, innovations in natural medicine and homeopathy, operating in Baltic, Eastern European, and Russian markets.
- BioplusLife SciencesminorBioplus Life Sciences is an Indian research company producing over 400 pharmaceutical products, all adhering to strict EU GMP requirements. Specializes in tablets, capsules, creams, gels, and powder formulations using the latest technologies combined with extensive research.
- Laboratório MedinfarminorLaboratório Medinfar, founded in 1970 and based in Lisbon, Portugal, is a pharmaceutical company focused on distribution, marketing, and sales of prescription medicines in respiratory, cardiology, diabetes, dermatology, and other therapeutic areas.
- Zoetic AyurvedicsminorZoetic Ayurvedics is an Indian company producing over 50 Ayurvedic preparations containing 20 well-researched, science-based patented medicines, dedicated to restoring the popularity of Ayurveda as a mainstream medical system in India.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Ecopharm EOOD competitors and assessment
Company assessmentDirect peers
- Zentiva: Central and Eastern European generic pharmaceutical company headquartered in Prague with strong operations across Bulgaria. Zentiva is among the closest direct comparables to Ecopharm given its similar generics-led model, distribution in CEE markets, and broad therapeutic portfolio.
- KRKA: Slovenian-based generic pharmaceutical manufacturer with extensive CEE distribution and own manufacturing. KRKA is highly comparable to Ecopharm in business model (generic manufacturer + regional distributor) and has a meaningful direct presence in Bulgaria.
- Gedeon Richter: Hungarian pharmaceutical company with strong CEE footprint, generics and branded pharma, including women's health and CNS. Richter is highly relevant given its overlapping therapeutic focus (gynecology, cardiology) and similar CEE distribution strategy to Ecopharm.
- STADA Arzneimittel AG: German-headquartered generic and consumer healthcare company with strong CEE/EU distribution presence. STADA competes head-to-head with Ecopharm in CEE generics distribution and consumer health (OTC/supplements), making it a direct comparable.
Regional players
- Polpharma Group: Polish generic pharmaceutical manufacturer with significant CEE operations. Polpharma's integrated manufacturing and CEE distribution footprint make it a strong regional comparable to Ecopharm's model.
- Adamed Pharma: Polish pharmaceutical company with own generics manufacturing and distribution across CEE markets. Adamed's vertically integrated CEE generics model closely parallels Ecopharm's combination of own-IP manufacturing and multi-territory distribution partnerships.
- Alkaloid AD Skopje: Macedonian pharmaceutical company with generic manufacturing and CEE distribution, including presence in neighboring Bulgaria. Alkaloid shares Ecopharm's regional CEE generic-pharma profile and is a relevant regional comparable.
Broad incumbents
- Teva Pharmaceutical Industries: Global leader in generic pharmaceuticals with established Bulgarian operations. Teva is a broader incumbent that competes with Ecopharm across most of its therapeutic portfolio in Bulgaria but operates at vastly greater scale.
- Viatris (Mylan): Global generics and specialty pharmaceutical major formed via Mylan-Upjohn merger, with established Bulgarian operations across cardiovascular, women's health, and CNS. Viatris is a broad incumbent that competes with Ecopharm in multiple shared therapeutic categories in Bulgaria.
- Sandoz (Novartis): Global generic pharmaceuticals business spun out from Novartis with significant Bulgarian market presence. Sandoz is a broad incumbent comparable to Ecopharm in generic cardiovascular, antibiotics, and central nervous system categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ecopharm EOOD compliance and trust
Trust signalCompliance5 records
Ecopharm EOOD financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ecopharm EOOD leadership team
Management profileNumber of profiles
Profiles1 record
Ecopharm EOOD subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ecopharm EOOD funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ecopharm EOOD M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ecopharm EOOD
What does Ecopharm EOOD do?
Ecopharm EOOD imports, distributes, and manufactures pharmaceutical products in Bulgaria, with a portfolio spanning original and generic medicines, medical devices, food supplements, and cosmetic products. Over 90% of offered products are the company's own intellectual property, developed and produced under its own brand names across therapeutic categories including cardiology, antibiotics, oncology, neurology, gastroenterology, dermatology, urology, gynecology, endocrinology, orthopedics, and allergology. Operations are backed by GMP, GDP, GVP, and ISO 9001:2015 certifications and a nationwide marketing and logistics network.
Is Ecopharm EOOD a public or private company?
Ecopharm EOOD is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ecopharm EOOD founded?
Ecopharm EOOD was founded in 2000. It employs 51 to 100 people.
Where is Ecopharm EOOD based?
Ecopharm EOOD is headquartered in Sofia, Bulgaria, in the Europe region.
How does Ecopharm EOOD make money?
Two revenue lines are on record. Pharmaceutical Distribution & Marketing is the primary driver. The others are pharmaceutical Manufacturing.
Who are Ecopharm EOOD's main competitors?
Direct peers on record are Zentiva, KRKA, Gedeon Richter and STADA Arzneimittel AG. Regional players are Polpharma Group, Adamed Pharma and Alkaloid AD Skopje. Broad incumbents are Teva Pharmaceutical Industries, Viatris (Mylan) and Sandoz (Novartis).
Does Ecopharm EOOD have an API?
No public API is recorded for Ecopharm EOOD.
What industry is Ecopharm EOOD in?
Ecopharm EOOD's product category is Generic Pharmaceuticals. Its primary akta.pro industry code is HLAIAAAJ, Endocrinology & Reproductive Health Pharmaceuticals (incl. Women’s Health), with a secondary code of EUAAAIAK, Bio-based Pharmaceuticals, Nutraceuticals & Specialty Bioactives. Its NAICS code is 325412 and its SIC code is 2834.