Subsidiaries
Profile, status and financials for every entity in the Grindeks network.
| Country | Entity | Status | Products | Revenue YTD | Target 2025 | Next deadline |
|---|---|---|---|---|---|---|
| Latvia | Grindeks AS (HQ) | Operational (revenue) | 0 | €0 | — | — |
| France | Grindeks France SAS | Operational (revenue) | 3 (+4) | €87,000 | €340,000 | Annual pharmacovigilance report — Aug 15, 2025 |
| United Kingdom | Grindeks UK Ltd. | Operational (revenue) | 4 | €156,000 | €480,000 | Betamethasone valerate cream renewal — Sep 30, 2025 |
| Germany | Grindeks Deutschland GmbH | Operational (revenue) | 5 | €74,000 | €290,000 | PSUR submission — Jul 15, 2025 |
| Poland | Grindeks Polska Sp. z o.o. | Operational (revenue) | 6 | €51,000 | €180,000 | Annual report to URPL — Oct 31, 2025 |
| Netherlands | Grindeks Nederland B.V. | Operational (revenue) | 4 | €44,000 | €160,000 | GMP inspection — Oct 14, 2025 |
| Spain | Grindeks España S.L. | Operational (revenue) | 3 | €19,000 | €110,000 | — |
| Portugal | Grindeks Portugal Lda. | Operational (revenue) | 2 | €11,000 | €70,000 | — |
| Belgium | Grindeks Belgium SA | Operational (revenue) | 3 | €14,000 | €90,000 | — |
| Ireland | Grindeks Ireland Ltd. | Operational (revenue) | 2 | €8,000 | €60,000 | — |
| Slovakia | HBM Pharma s.r.o. (Grindeks Group) | Operational (revenue) | 8 | €28,000 | €140,000 | Product renewal — 3 SKUs — Aug 31, 2025 |
| United States | Grindeks USA LLC | Operational (revenue) | 3 | €43,000 | €200,000 | — |
| Italy | Grindeks Italy S.r.l. | Pre-launch | 2 (+3) | €0 | — | AIFA launch notification — Jul 1, 2025 (21 days) |
| Romania | Grindeks Romania S.R.L. | Pre-launch | 3 | €0 | — | — |
| Finland | Grindeks Finland Oy | Pre-launch | 2 | €0 | — | — |
| Czech Republic | Grindeks CZ s.r.o. | Pre-launch | 2 | €0 | — | — |
| Norway | Grindeks Norge AS | Pre-launch | 1 | €0 | — | — |
| Sweden | Grindeks Sverige AB | In registration | 0 (+3) | €0 | — | Pricing & reimbursement filing — Dec 1, 2025 |
| Denmark | Grindeks Danmark ApS | In registration | 0 (+2) | €0 | — | — |
| Slovenia | Grindeks Slovenija d.o.o. | In registration | 0 (+2) | €0 | — | — |
| Croatia | Grindeks Hrvatska d.o.o. | In registration | 0 (+2) | €0 | — | — |
| Austria | Grindeks Österreich GmbH | In registration | 0 (+3) | €0 | — | — |
| Switzerland | Grindeks Suisse SA | In registration | 0 (+2) | €0 | — | — |
| Greece | Grindeks Hellas A.E. | In registration | 0 (+2) | €0 | — | — |
| Hungary | Grindeks Magyarország Kft. | In registration | 0 (+3) | €0 | — | — |
| Canada | Grindeks Canada Inc. | In registration | 0 (+3) | €0 | — | Health Canada response — Nov 15, 2025 |
| Japan | Grindeks Japan K.K. (planned) | Planned | 0 | €0 | — | — |
| South Korea | Grindeks Korea Ltd. (planned) | Planned | 0 | €0 | — | — |