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Glosarij D.O.O. (Montenegro)

Main Activities: Other Miscellaneous Nondurable Goods Merchant Wholesalers
Full name: Glosarij D.O.O. Podgorica Profile Updated: August 05, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Glosarij D.O.O. Podgorica is the first private wholesale pharmacy in Montenegro, founded in 1992 in Cetinje. Over the course of nearly three decades, the company has focused on building professional and quality relationships with its clients, as well as supporting and initiating initiatives of general importance to the community in which it operates. The company's business vision is to become a leading supplier of human medicines, medical devices and materials, as well as dietary and cosmetic products, thanks to a carefully developed growth strategy. Glosarij's corporate culture is based on continuous market research and monitoring, as well as a professional and reliable relationship with customers and suppliers. This is why the company is perceived as a desirable business partner and one of the most successful regional enterprises. Glosarij is also the first wholesale pharmacy in Montenegro to be certified according to GDP and ISO 9001 standards. The future development of the company is based on maintaining principles of innovative and ethical business practices, as well as timely response to the changes imposed by an increasingly demanding market.

Headquarters
Vojislavljevica 76
Podgorica; Podgorica; Postal Code: 81000

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Website: http://www.glosarij.me

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
January 14, 1992
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
12.79%
Total operating revenue
12.92%
Operating profit (EBIT)
18.01%
EBITDA
22.32%
Net Profit (Loss) for the Period
20.35%
Total Assets
7.74%
Total Equity
-11.45%
Operating Profit Margin (ROS)
0.25%
Net Profit Margin
0.3%
Return on Equity (ROE)
7.72%
Debt/Equity
9.71%
Quick Ratio
-0.15%
Cash Ratio
-0.15%

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