20 aug 2012

The private healthcare services, one of the most dynamic economic sectors over the past years, expect the implementation of the new health law which should trigger an annual 20% growth pace. Thus, more

14 aug 2012

International private equity firm Advent International is preparing a discreet exit from Labormed in a complex process, which will in a first stage involve handing over its stake to individuals, more

8 aug 2012

The pharmaceutical market slowed down significantly in the second quarter of this year, down by 2.5% year-on-year in euros and up by 4.4% in lei, to EUR626 million (2.77 billion lei), shows data of more

30 iul 2012

Terapia Ranbaxy in Cluj became Romania’s largest drug maker last year, leaving rival Europharm behind by just EUR3 million. Terapia came close to EUR100 million in revenue and had the highest profit more

23 iul 2012

Horia Manda, managing director of Axxess Capital, the company that manages the Romanian-American Enterprise Fund (RAEF), the Balkan Accession Fund (BAF) and the Emerging Europe Accession Fund, said he more

19 iul 2012

Beer sales returned to slight growth in April and increased by 16% in May, offsetting the decline of the first few months of the year, according to the data of the National Statistics Institute. more

18 iul 2012

The Romanian medical services market, one of the most dynamic sectors in the last few years, could grow 8% this year and by as much as over 20% as of 2013 if certain regulations come into force and more

12 iul 2012

The domestic furniture market fell 20% in the first three months of this year to EUR122 million, according to the data of the Romanian Furniture Manufacturers’ Association (APMR). Export rose by more

5 iul 2012

A&D Pharma, the largest company in the local drug industry, expects consolidated revenue of more than EUR800 million this year, slightly up from the EUR772 million in 2011. more

3 iul 2012

Mobexpert, the largest player in the furniture industry, on Monday closed down its store in the Sun Plaza mall in Bucharest, one of the largest stores in the chain owned by businessman Dan Sucu. more

14 iun 2012

The average price of a pack of pills has doubled since 2005, reveals a ZF analysis based on the data provided by market research company Cegedim Romania. more

12 iun 2012

The Antonescu family, which owns travel agency Marshal Turism, has invested EUR5 million into the latest five-star hotel in Bucharest, which it inaugurated on Calea Dorobantilor (central Bucharest) on more

11 iun 2012

The 15 largest local drug producers posted EUR315 million in revenue together last year, which accounts for 12% of a market dominated by importers. This means the 15 Romanian pharmaceutical companies more

7 iun 2012

Cluj-based pharmaceuticals producer Terapia Ranbaxy, a unit of Japan's Daiichi Sankyo, expects sales on the domestic market to reach about 400 million lei (EUR90 million) this year, up 14% from RON350 more

31 mai 2012

Dorin Catana, the chief executive officer of the Centrofarm retail pharmacy network, stepped down from his position and was replaced by Catia Radulescu, a member of the board of directors and one of more

28 mai 2012

Brewers on the Romanian market have got off on the wrong foot this year, with sales down almost 6% on the year in the first quarter, according to ZF calculations based on data from the National more

16 mai 2012

Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good results of provincial stores in the first months of the year, which more

9 mai 2012

United Romanian Breweries Bereprod (URBB), whose portfolio includes Tuborg and Carlsberg beers, Bilbor water and Granini soft drinks, ended the first quarter of the year with stagnating sales compared more

8 mai 2012

Businessman Mihai Miron, who controls pharmaceutical company Ropharma, says he plans to have production growth outstrip total turnover growth this year. This is the first time Mihai Miron has ever more

3 mai 2012

Romanian pharmacy chain Sensiblu, the retail division of pharmaceutical group A&D Pharma, will buy 90 City Pharma pharmacies owned by the Relad group. more

24 apr 2012

Medical service operator Medas, controlled by the Ateia family (Simona Ateia and Abd Halal Ateia) posted higher than expected growth in revenue last year and the upward trend will continue this year more

23 apr 2012

MedLife, the largest private medical service operator on the local market, controlled by the Marcu family, is branching out into the private insurance market with MedLife Broker Asigurare Reasigurare. more

19 apr 2012

The vaccine business is worth about EUR30 million a year, with sales of tree million units. Despite it being a small market, international companies such as Sanofi and GlaxoSmithKline (GSK) are vying more

10 apr 2012

The Arcadia group based in Iasi (NE Romania), which comprises Arcadia Hospital, Arcadia Policlinic and Arcadia Cardio, controlled by the Fiterman family, posted EUR7.7 million turnover in 2011, the more

10 apr 2012

German drug wholesaler ANZAG, with annual turnover of over EUR4 billion, has bought 20% of Farmexpert from businessman Eugen Banciu, the company's founder, increasing its participation to 80%. This is more