4 iul 2013

Pascal Prigent, general manager of GlaxoSmithKline (GSK) Romania, says he is optimistic about finding a buyer for the Europharm plant in Brasov and that he is surprised at how soon after last week’s more

2 iul 2013

With 20% of Romania’s drug production set to go away, it remains to be seen who will vie for the second place in the ranking of local pharmaceutical producers, since second-ranked Europharm will more

27 iun 2013

The ten largest pharmaceutical wholesalers posted more than EUR2.6 billion revenue last year, up almost 5% on the EUR2.47 billion of 2011, ZF has calculated based on Trade Registry data and more

24 iun 2013

Pharmaceutical distributor Farmaceutica Remedia (RMAH.RO) controlled by businessman Valentin Tarus set out to expand its retail network to more than 120 drugstores in the next two years from the more

13 iun 2013

The mergers and acquisitions market has reached more than EUR330 million since the beginning of the year, reveals a ZF analysis based on the data announced by companies and its own estimates. more

11 iun 2013

Medicover, one of the largest private healthcare providers in Romania, is getting ready to put Adrian Purcarea in charge of its local operations, market sources told ZF. He will replace Fredrik more

11 iun 2013

Actavis Operations Romania exported more than EUR32 million worth of drugs produced in its facility in Bucharest in 2012, which accounts for 40% of its revenues. more

10 iun 2013

Pharmaceutical distributor Polisano, controlled by Romanian businessman Ilie Vonica, is investing 53 million lei (EUR12 million) in a cancer drug production facility, RON17 million of which are EU more

5 iun 2013

Furniture industry companies hired 4,700 people last year, but the market is suffering from a lack of skills so they have to invest in training the people they hire, says the Romanian Furniture more

5 iun 2013

The market of private medical services is valued at EUR600 million, with over 50% of this value being subsidized by the state, said Mihai Marcu, president of MedLife, at ZF’s business show on more

31 mai 2013

Robert Popescu, chief executive officer of A&D Pharma, the largest local pharmaceutical group, says the first quarter of the year was the most difficult in his entire business career and the sales more

30 mai 2013

Private healthcare provider MedLife said it might give up opening a hospital in Floreasca area, northern Bucharest. more

28 mai 2013

Private equity firm Enterprise Investors, which operates in Central and Eastern Europe, has created a new fund, Polish Enterprise Fund VII (PEF VII), which has EUR314 million at disposal to finance more

27 mai 2013

The top five private medical services providers in Romania--namely MedLife, Regina Maria, Medicover, Sanador and Gral--posted revenue of EUR192 million in 2012, up 24% on the year, according to ZF more

24 mai 2013

Beer sales in Romania rose 14% in the first three months of 2013, to 3 million hectoliters, the highest quarterly growth in six years, according to a ZF analysis based on data from the statistics more

23 mai 2013

Romanian pharmaceutical wholesaler Polisano, controlled by Romanian businessman Ilie Vonica, expects revenue of 1.5 billion lei (EUR343 million) in 2013, up 15% from RON1.33 billion (EUR294 million) more

16 mai 2013

Furniture group Mobexpert’s revenue was up 12% in the first four months, compared with the year-ago period, driven by accessories, owner Dan Sucu said. more

13 mai 2013

Winemakers expect this year to be another difficult year and for consumption to decline after a first quarter where customers did not spend very much and the market felt the “pressure of more

8 mai 2013

Anglo-Swedish medicine producer AstraZeneca posted $161 million sales in Romania last year, up 4.5% from $154 million in 2011. more

7 mai 2013

The major private medical service providers expect business to be better this year and see growth of up to 20%, Ziarul Financiar has found by looking at the data companies made public. more

2 mai 2013

Beer sales in Romania rose 26% on the year in February, to 920,000 hectoliters, according to ZF’s calculations based on data from the statistics institute. more

2 mai 2013

Romanian Timisoara-based furniture producer Rus Savitar, held by the Rusu family, will hire around 400 people this year, after it completes an EUR6 million expansion project started in 2012. more

1 mai 2013

Some of Romania’s furniture plants continued investment last year, which led to an increase in staff numbers by 4,700 in an industry which pays a monthly net wage a little over 1,000 lei (EUR231). more

22 apr 2013

Winemaker Tohani is branching out into mineral water under the Cheile Bicazului brand after having bought the majority stake in its bottler Naturalaqua Group early this year. more

22 apr 2013

Sales of drugs more than doubled in Romania in the 2004-2012, when the Health Ministry was run by ten ministers and the funds allocated by the National Health Insurance House (CNAS) for fully and more