What is the main business of Lubfarm?

The main business activity of Lubfarm focuses on wholesale of pharmaceutical goods.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on December 22, 2003.

Where is the headquarters located?

The headquarters is located at: ul. Łanowa 8, 20-750 Lublin.

Who is on the management board?

The management board consists of: Waldemar Artur Sierocki (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 5,397,350 (approx. $1.5 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What was the revenue?

The company reported a revenue of $113,876,399 in 2024, which is a decrease of 5.5% compared to 2023.

Is the company profitable?

No, in 2024 the company reported a net loss of $1,744,611.

Which cost dominates operating expenses?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to $106,537,908 in 2024, representing 93% of all operating expenses.

LubfarmS.A.

Wholesale of pharmaceutical goods

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2003-12-22

Share capital

5 397 350,00 PLN

Activity description

Lubfarm is a Polish company operating in the pharmaceutical market since 1990, specializing in the supply of medications and medical products to pharmacies. It has grown from a small family business into a large, developing enterprise. The company emphasizes strong relationships and quality service for its clients and business partners.

Registered address

ul. Łanowa 8, 20-750 Lublin, Poland

Website

lubfarm.pl

Electronic delivery address

AE:PL-64598-57361-AWWJD-24

Financials

Revenue history (in m)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 123.21mMedianUSD 873.84kAverageUSD 20.03m

Net profit

This companyUSD -1.78mMedianUSD 28.21kAverageUSD 815.54k

Operating costs

This companyUSD 123.94mMedianUSD 801.08kAverageUSD 18.78m

Assets

This companyUSD 38.22mMedianUSD 539.29kAverageUSD 10.66m

Industry

Bank accounts

Registered as a VAT taxpayer on 1998-03-01. Active

Bank Pekao SA
19 1240 5497 1978 0010 6593 8518
Bank Pekao SA
45 1240 5497 1111 0010 7690 4667
BOŚ Bank
91 1540 1144 2114 6409 5950 0007

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

MSiG notices

21 notices recorded in the Court and Commercial Gazette (MSiG).

Publication date	Event
Jun 8, 2026	Shareholders' meeting convened
Jun 2, 2025	Shareholders' meeting convened
May 17, 2024	Shareholders' meeting convened
May 29, 2023	Shareholders' meeting convened
Aug 9, 2022	Shareholders' meeting convened

Public aid

12 public aid cases recorded, with a total value of $537,440.

Grant date	Purpose	Gross amount	Granting body
May 7, 2026	De minimis aid (in accordance with Commission Regulation 2023/2831)	$2,401	Prezes Banku Gospodarstwa Krajowego
Dec 15, 2025	De minimis aid (in accordance with Commission Regulation 2023/2831)	$12,277	Prezes Banku Gospodarstwa Krajowego
Dec 12, 2025	De minimis aid (in accordance with Commission Regulation 2023/2831)	$62,503	Prezes Banku Gospodarstwa Krajowego

Tenders

No recorded participation in tenders.

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Authorized Representatives

Anna Madzelan — Attorney-in-fact (joint)

Artur Dariusz Sierocki — Attorney-in-fact (joint)

Piotr Artur Sierocki — Attorney-in-fact (joint)

Waldemar Artur Sierocki — President of the Management Board

Manner of representation

Each member of the management board is authorised to represent the company independently.

Supervisory board

Iwona Anna Szyszkowska — Supervisory Board Member

Bożena Krystyna Sierocka — Supervisory Board Member

Magdalena Sylwia Sierocka — Supervisory Board Member

Beneficial owners

Person	Rights
Bożena Krystyna Sierocka (69)	Posiadanie łącznie 29,89 % kapitału zgłaszanej spółki - samodzielnie 3,65%, oraz poprzez wspólnika zgłaszanej spółki 26,24%
Waldemar Sierocki (71)	Posiadanie łącznie 42,51 % kapitału zgłaszanej spółki - samodzielnie 3,15%, oraz poprzez wspólnika zgłaszanej spółki 39,36%

Competitors

Name	Revenue	Website
Przedsiębiorstwo Dystrybucji Farmaceutycznej Slawexsp. z o.o.	$600,815,720.02	slawex.com.pl
HurtapS.A.	$480,276,955.20	hurtap.com.pl
Bialmedsp. z o.o.	$203,238,055.12	bialmed.pl
Przedsiębiorstwo Zaopatrzenia Aptek Multi PharmeS.A.	$146,864,520.79	multipharme.pl
BaylegS.A.	$86,155,489.09	bayleg.pl
NettleS.A.	$85,124,937.06	nettle.pl
MerksP.S.A.	$76,410,378.99	merks.com.pl
Polska Sieć Handlowa UniaS.A.	$72,940,879.91	uniahandlowa.eu
LemonexS.A.	$50,896,787.96	lemonex.pl
Idalia Ludwikowscysp. j.	$41,868,843.38	idalia.com.pl

Change history

Date	Event
2018-08-09	Name change ("lubfarm" → Lubfarm)
2018-03-13	Address change (Łęczyńska 43, 20-313, Lublin → Ul. Łanowa 8, 20-750, Lublin)
2015-06-23	PKD change (Removed: 45.19.Z, 46.18.Z, 46.19.Z, 46.38.Z, 46.41.Z, 46.42.Z, 46.43.Z, 46.45.Z, 46.47.Z, 46.48.Z, 46.49.Z, 46.51.Z, 46.52.Z, 46.65.Z, 46.66.Z, 46.69.Z, 46.75.Z, 46.76.Z, 46.77.Z, 49.41.Z, 52.2, 52.21.Z, 53.20.Z, 58.14.Z, 58.19.Z, 58.29.Z, 62.01.Z, 62.02.Z, 62.03.Z, 62.09.Z, 63.11.Z, 63.12.Z, 63.99.Z, 64.19.Z, 64.92.Z, 64.99.Z, 68.10.Z, 68.20.Z, 68.3, 68.31.Z, 68.32.Z, 69.20.Z, 70.21.Z, 70.22.Z, 73.1, 73.12, 73.12.A, 73.12.B, 73.12.C, 73.12.D, 73.20.Z, 77.11.Z, 77.12.Z, 77.33.Z, 77.39.Z, 81.30.Z, 85.60.Z, 95.11.Z, 95.12.Z, 96.09.Z; Added: 46.31.Z, 46.34.A, 46.34.B, 46.35.Z, 46.39.Z)
2013-09-10	PKD change (Added: 46.36.Z, 46.37.Z, 46.41.Z, 46.42.Z, 46.43.Z, 46.44.Z, 46.47.Z, 46.48.Z, 46.49.Z, 46.52.Z, 46.65.Z, 46.66.Z, 46.69.Z, 46.75.Z, 46.76.Z, 49.41.Z, 52.2, 52.21.Z, 53.20.Z, 58.14.Z, 58.19.Z, 58.29.Z, 63.11.Z, 63.12.Z, 63.99.Z, 64.99.Z, 68.3, 69.20.Z, 70.21.Z, 73.1, 73.12, 73.12.A, 73.12.B, 73.12.C, 73.12.D, 77.11.Z, 77.33.Z, 77.39.Z, 95.11.Z, 95.12.Z, 96.09.Z)
2009-10-15	PKD change (Removed: 24.4, A, D, G, I, J, K; Added: 45.19.Z, 46.18.Z, 46.19.Z, 46.38.Z, 46.45.Z, 46.46.Z, 46.51.Z, 46.77.Z, 62.01.Z, 62.02.Z, 62.03.Z, 62.09.Z, 64.19.Z, 64.92.Z, 68.10.Z, 68.20.Z, 68.31.Z, 68.32.Z, 70.22.Z, 73.11.Z, 73.20.Z, 77.12.Z, 81.30.Z, 85.60.Z)

FAQ

Last updated: 2026-07-16