Farmekonom
Retailer / private label
UnclaimedФАРМЭКОНОМ is a Russian pharmacy chain and online pharmacy founded in 1996, headquartered in Irkutsk and operating over 250 pharmacies across Eastern Siberia.
Last updated September 28, 2026
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Overview
ФАРМЭКОНОМ (Farmekonom) is a Russian pharmacy retail chain and online pharmacy platform headquartered in Irkutsk. According to the company's own website, the chain has been engaged in the retail sale of medicines since 1996, and today it describes itself as the largest pharmacy network in Irkutsk Oblast. Its assortment spans prescription and over-the-counter medicines, medical equipment, orthopedic products, cosmetics, personal hygiene goods, health foods, and products for mothers and babies. The chain operates more than 250 pharmacies, concentrated in Irkutsk and other cities of Irkutsk Oblast, and extending into Ulan-Ude, Chita and Krasnoyarsk. The company states that more than 20 new pharmacies open under the ФАРМЭКОНОМ brand each year. It employs over 1,500 qualified specialists, including provisors and pharmacists who advise customers daily. The company also cites inclusion in the top pharmacy chains of Russia according to a pharmacy rating compiled by the marketing agency DSM Group (Группа ДСМ). Beyond physical retail, ФАРМЭКОНОМ runs an online pharmacy at pharmeconom.ru that supports online reservation and ordering of medicines at what the company markets as specially low prices. Customers can select both the products they want and the pharmacy from which it is most convenient to collect the order. The site also hosts a brand directory covering categories such as vitamins and dietary supplements, cosmetics and hygiene, mother and baby, medical equipment, orthopedics, and healthy nutrition. The company promotes a range of discount programs, including a weekly "Product of the Day" promotion, quantity-based graduated discounts, fixed discounts, clearance sales, and labels for new items and best sellers. Its positioning centers on the slogan "buy and save" (покупай и экономь), emphasizing low prices and convenience across its regional network.
History
ФАРМЭКОНОМ traces its retail pharmacy activity to 1996, when, according to the company's own account, the chain began selling medicines at retail. Over the following decades it grew into a regional network centered on Irkutsk and Irkutsk Oblast, later expanding into neighboring Siberian and Buryat markets including Ulan-Ude, Chita and Krasnoyarsk. The company developed an online presence through pharmeconom.ru, adding online reservation and ordering so that customers could choose both a product and a convenient pickup pharmacy. It also built out a broad product assortment beyond medicines, covering medical equipment, orthopedic goods, cosmetics, hygiene products, health foods and mother-and-baby items. By the time of its current self-description, ФАРМЭКОНОМ reported more than 250 pharmacies and more than 1,500 qualified specialists, with more than 20 new pharmacies opening annually under the brand. It cites inclusion in the top pharmacy chains of Russia based on a rating compiled by the marketing agency DSM Group. The chain markets itself under the slogan "buy and save" and runs recurring discount programs such as the weekly "Product of the Day" promotion, quantity-based graduated discounts, fixed discounts and clearance sales.
- 1996
ФАРМЭКОНОМ begins retail sale of medicines, according to the company's own history.
Chain grows to more than 250 pharmacies across Irkutsk Oblast, Ulan-Ude, Chita and Krasnoyarsk.
Company reports more than 1,500 qualified specialists and over 20 new pharmacies opening annually.
Products and positioning
Low-price, convenient regional pharmacy chain and online pharmacy serving Eastern Siberia.
Medicines (prescription and OTC)
Vitamins and dietary supplements
Medical equipment
Orthopedic products
Cosmetics and personal hygiene
Health foods
Mother and baby products
Sources5 sources
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