9 apr 2012

Novartis Pharma Services general manager Elena Mitova said prospects are very good in Romania, adding that she prefers to be here, where potential is bigger than on western markets, which have already more

4 apr 2012

Private medical services, one of the most dynamic sectors of the economy, continued to grow last year, making the top ten players more than EUR200 million in revenue, almost half of the entire market. more

30 mar 2012

There are currently 22 large and medium-sized private hospitals in Romania, 10 of them in Bucharest alone, shows a ZF analysis based on existing data. ZF has for the first time reviewed the largest more

30 mar 2012

Philip Cox is one of the shareholders of Cramele Recas, a winemaker with almost EUR18 million sales last year, who left the UK in the early nineties and indirectly returned via the company he owns, more

27 mar 2012

Renato Keller is the new general manager of Bayer Romania, a company with activities in several sectors, but whose main business is in the drug industry. The Bayer business consists of the HealthCare more

22 mar 2012

Coca-Cola HBC, the largest player on the Romanian drinks market, recruited Stephane Batoux as general manager for Romania and Moldova, in a surprising move for the fast moving consumer goods market. more

14 mar 2012

Mikael Ohlsson, the chief executive officer of IKEA, world’s largest furniture company, says he is in no hurry to open the next store in Romania and prefers to do things step by step, as IKEA is not more

12 mar 2012

Private medical services operator Medicover estimates the hospital it opened Monday in Bucharest, which entailed over EUR20 million in investments, has the potential to generate revenues of EUR15 more

12 mar 2012

Alcoholic beverage producer Angelli doubled exports last year and sold 8 million bottles, the same as in 2010. The company wants to tap new markets this year. more

9 mar 2012

The Romanian wine market could stagnate in 2012 after having lost some of its volume over the past few years, according to ZF estimates based on data provided by winemakers. more

6 mar 2012

Furniture maker Staer International, which started insolvency proceedings at the shareholder’s request in December 2010, has budgeted a turnover of 38.42 million lei (EUR8.8 million) for this year, more

5 mar 2012

Pharmaceutical distributor Farmexpert controlled by Germany’s ANZAG, reported a 12% increase in last year’s turnover to nearly 1.71 billion lei (EUR393 million), according to ZF’s calculations. more

3 mar 2012

Romanian private healthcare provider Romgermed estimates the 200-bed hospital it will open in Bucharest by the end of the year will generate turnover of EUR1 million in its first year of operation. more

29 feb 2012

The beer market rose by almost one percent last year, which is the first positive sign for an industry that lost almost 20% of its volume in 2009 and 2010, ZF has calculated based on the data provided more

28 feb 2012

Belladonna, the latest chain that started to make its presence felt on the drug retail market in Bucharest, set out to open 17 pharmacies this year, which would take the network to 74. more

22 feb 2012

Businessman Eugen Banciu, who according to the latest information holds 40% in Romanian drug wholesaler Farmexpert, could sell some more of his shares, by exercising an older contractual clause. more

21 feb 2012

Drug wholesaler Polisano, controlled by Sibiu-based businessman Ilie Vonica, last year posted sales of EUR294 million, up 19% against 2010, and in line with its initial forecast. But matched against more

21 feb 2012

Mobexpert, Elvila and kika, three of the large players in Romania’s furniture retail market, reported significant sale increases in January, proving that consumer appetite for household redecoration more

17 feb 2012

By the middle of this year, the Health Ministry will put up for public debate a new healthcare bill; as consultations with the public opinion are fully under way, so all options on the future more

10 feb 2012

The Romanian pharmaceutical market reached EUR2.55 billion in 2011, up 11.5% on the year, according to market research company Cegedim. Sales of drugs rose by almost 30% in the fourth quarter of 2011, more

3 feb 2012

Jidvei, one of the largest winemakers on the local market, whose revenue stood at EUR18 million in 2010, set out to make EUR10.7 million investments in 2012. Its most important projects this year are more

2 feb 2012

Drug distributor Farmexim wants to invest over EUR10 million between 2012 and 2014 in relocating its logistical center from Bucharest’s district Pipera further north. more

30 ian 2012

The street protests of the past couple of weeks and the bad weather have been felt in companies’ accounts, but only for a few days, without significantly affecting full-month results. more

27 ian 2012

Wine makers attracted EUR166 million in EU funds between 2007 and 2011, which went mainly into the reconversion of around 10% of the vine growing area. In the past few years, the funds made available more

24 ian 2012

Synevo Romania, the local medical lab division of Swedish group Medicover, estimates it will post a turnover of EUR27 million this year, up 17% against 2011. more