20 apr 2015

UK-held pharmaceutical company AstraZeneca saw at least tenfold growth in Romania 2004-2014, going from about EUR11 million to EUR110 million, ZF has found based on the data supplied by market more

17 apr 2015

International Finance Corporation, the World Bank’s private investment arm, will announce the granting of funding worth as much as EUR100 million in the next ten days, with the institution also more

15 apr 2015

Sales of PET bottled beer surged in the past decade, doubling their market share from 24.4% in 2004 to 53.1% last year, reconfiguring a sector where Ursus and Heineken are vying over the lead, leaving more

10 apr 2015

Wine sales are slightly up during this period compared with the pre-Easter period of 2014, according to ZF estimates based on discussions with producers and retailers. more

10 apr 2015

Heineken, a major player in Romania’s beer industry, took the first step outside the core market and entered the cider segment by launching Strongbow, a product it wants to take to several hundred more

10 apr 2015

The Socea family of Cluj, a stakeholder in EnergoBit, a major supplier of equipment and services for the energy sector, is set to open a 180-bed medical recovery hospital in June in Suceagu locality more

9 apr 2015

Aramis Invest, Italsofa and Taparo are Romania’s biggest furniture exporters in an industry with many entrepreneurial businesses that managed to grow on the basis of orders coming from abroad. more

8 apr 2015

A&D Pharma, the largest group in Romania’s drug industry, has reached a network of over 10 Punkt-branded pharmacies, according to data compiled by ZF, with the new network taking shape in just a few more

6 apr 2015

The Medicover group will step up investment in Romania and plans to expand the hospital in the Baneasa area in northern Bucharest and open at least three clinics every year, says chief operating more

2 apr 2015

Kastamonu Romania wood processing company, part of the Turkish group of the same name, expects exports to go beyond EUR100 million this year, up 17% on 2014, with deliveries abroad set to weigh 70% in more

31 mar 2015

The trend of pubs and restaurants closing across Europe as a result of lifestyle changes and smoking bans was accelerated by the challenging economic conditions. The trend has been visible in recent more

30 mar 2015

U.S. pharmaceutical company Mylan, which was not directly present in Romania, gained the 20th position in the local pharma players’ ranking after the acquisition of Abbott drug division outside the more

26 mar 2015

Sun Pharma group, founded by Dilip Shanghvi, one of India’s wealthiest businessmen, generates sales of over $100 million in Romania, the second largest market in Europe after Russia. Romania is also more

20 mar 2015

The Romanian stakeholders of Bucharest’s Ponderas hospital, specialized in weight loss surgery, invested EUR4 million (RON18 million) in relocation to a new space, with a double capacity. more

17 mar 2015

Gherla-based Sortilemn furniture maker, a major local supplier of Swedish IKEA, exported furniture worth almost 150 million lei last year, namely 83.5% of total sales. more

16 mar 2015

The mergers and acquisitions market is showing signs of “definite improvement" in 2015, continuing along the lines of 2014, says Alexandru Reff, partner of law firm Reff & Asociatii, affiliated to more

12 mar 2015

Wargha Enayati, founder of private healthcare provider Regina Maria, a major player on this market, estimates the Romanian healthcare subscription market reached 600,000 units, but its potential is more

11 mar 2015

Amethyst, a cancer treatment center network started in Bucharest and then expanded in other states, plans to reach a 20-center European network by 2020 from six at present. The centers are owned by more

6 mar 2015

The ten largest private medical service providers in Romania, which own hospitals, posted more than 500 million lei (EUR112.5 million) revenue from this particular segment last year, ZF has found more

4 mar 2015

Companies with almost 53,000 employees, led by Dacia and Petrom, Romania’s biggest businesses, have switched to private health insurance over the past year and other companies are also mulling this more

3 mar 2015

Private medical service provider Gral will hire 100 people as a result of expansion after having reached 550 full-time employees in 2014 (and 1,500 who work there part time), says Robert Serban, who more

2 mar 2015

The most powerful entrepreneurial businesses in the medical service industry in Romania, MedLife and Sanador, were established by female physicians. The two currently generate EUR120 million revenue more

25 feb 2015

Romanian furniture producer Lemet will complete investments of around RON22 million (EUR5 million) in a new production unit in Brebu, Prahova county, in the second half of this year, a project more

23 feb 2015

Beer sales shrank by 5% to 16 million hectoliters (1.6 billion liters or 3.2 billion 0.5 liter beer cans) last year, the worst decline the market has seen since 2009, ZF has calculated based on more

20 feb 2015

Regina Maria, a major player on Romania’s private healthcare market, is likely to change its owner this year in a deal likely to head toward nine figures in euros. more