10 iun 2014

Interest in new deals on the local market has been rising among companies since the beginning of the year, believes Mihai Pop, manager transaction advisory services with consultant EY (Ernst&Young). more

4 iun 2014

Businessman Ilie Vonica, who built the Polisano group in Sibiu, jumped to his death from a window of his home on Tuesday, seemingly unable to cope with the pressure of a fraud investigation any more

4 iun 2014

Drug sales, which posted annual increases of 20-30% in the past, are likely to go slightly down in 2014, before resuming growth in 2015, but at a much slower pace than in the past. more

2 iun 2014

Steinhoff group, owner of kika furniture and home décor stores, appointed Akos Forras, currently the chief executive officer of Hungary’s Quattro Mobili retailer, at the helm of the Bucharest unit. more

30 mai 2014

Algocalmin, one of Romania’s oldest medicine drug brands, registered sales of more than 10 million packs between April 2013 and March 2014, flat from the year-earlier period. more

29 mai 2014

Egger, which operates a wood processing plant in Radauti (Suceava County northern Romania), ended last year with a net profit of 63.38 million lei (EUR14.4 million), 9% lower than in 2012. more

28 mai 2014

Heineken Romania brewer in 2013 posted net profit of 159.9 million lei (EUR36.2 million), down almost 14% from 2012. This is the sharpest profit slump in the past three years for Heineken, Romania’s more

28 mai 2014

The year 2013 brought a surprise change at the peak of the Romanian drug industry, with Switzerland’s Roche gaining the top spot amid the largest players on the local profile market, after reaching more

27 mai 2014

Schweighofer, Kronospan and Egger, the Austrian companies that dominate the wood processing business in Romania, posted EUR1 billion revenue from sale of lumber and other wood products, more than half more

22 mai 2014

UK’s GlaxoSmithKline (GSK), which owns pharmaceutical distributor Europharm Distributie, has appointed marketing manager Viorel Vodita as interim general manager. more

22 mai 2014

Beer sales declined by 6% in the first three months of this year, continuing the downward trend of 2013, according to ZF calculations based on National Statistics Institute data. more

15 mai 2014

Aramis Invest, Romania’s largest furniture producer, has budgeted annual revenue increases of above 10% for the coming years, after 2013 was a year of business consolidation. more

15 mai 2014

The contracts brewers have with restaurants and bars include clauses that are curbing competition, according to a recent report of the Competition Council. Information included in the report may more

14 mai 2014

Furniture and home décor retailer kika Romania started integration in group Steinhoff, which acquired the Austrian retailer last year, and the most important stage, involving the adjustment of more

13 mai 2014

Private healthcare company Sanador, owned by Doris Andronescu, plans to hire almost 200 people this year and thus reach 1,000 employees. more

7 mai 2014

At the end of the first quarter of 2014, individual clients came to generate 65% of Centrul Medical Medsana receipts, up from 60% a year before, says Vassilis Chaniotis, general manager of the more

7 mai 2014

Furniture and home decor retailer kika Romania has posted a two-digit sales increase since November in the wake of changes related to marketing policy and prices, says country manager Lars Lund. The more

5 mai 2014

Romanian patients spend at least EUR100 million of their own budget to get treatment abroad, according to ZF estimates. more

1 mai 2014

Antibiotice Iasi (ATB.RO) plans to boost revenue by stepping up exports and launching new products. The company ranks 11th among the biggest players on the Romanian pharmaceutical market. more

30 apr 2014

Six hundred thousand surgeries are performed in Romania every year. Assuming an informal payment of EUR500 to EUR1,000 for each of them, doctors get EUR300 million to EUR600 million a year. What is more

28 apr 2014

Turkey’s Bozlu group last week officially launched, in northern Bucharest, a cancer treatment center called Neolife, a EUR15 million investment, out of which EUR10 million went into medical more

24 apr 2014

S.I.E.P.C.O.F.A.R., the company that operates drugstore chain Farmaciile Dona, expanded further in the first quarter of this year, opening seven new units, two in Bucharest and the rest outside the more

23 apr 2014

US-based Pfizer, the fifth leading pharmaceutical company on the local market, has appointed Nolan Townsend as country manager for Romania. He replaces Gregory Reeder, who was promoted to marketing more

23 apr 2014

IKEA, the world’s biggest furniture and home décor retailer, opened its first store in Romania seven years ago, but the Swedish group had been operating in Romania for several decades. more

17 apr 2014

The Mobexpert group of furniture companies posted growth of 5% in sales in the first quarter compared with the year-ago period, at a time of decline on the domestic market, according to the group's more