17 apr 2014

A wine industry investment starts with at least EUR14,000, the sum needed for the reconversion of each hectare of vineyard, continues with the building of the winery, taking several million euros, is more

16 apr 2014

Terapia Ranbaxy, the largest pharmaceutical producer in Romania, posted 109 million lei (EUR24.4 million) net profit last year, up nearly 13% from 2012, and a 20% profit margin. Revenue overshot the more

15 apr 2014

Sun Pharmaceutical, the Indian company that took over Ranbaxy, owner of Terapia plant, Romania’s largest drug maker, sees “tremendous” growth potential in Romania in the coming period, when the more

14 apr 2014

Wine producers expect higher sales this Easter against the same period of last year, with the most upbeat estimates indicating growth by as much as 15%, supported by red wines which have been gaining more

11 apr 2014

Sortilemn, a furniture manufacturer based in Gherla, Cluj County (NW Romania), and one of the most important Romanian suppliers of IKEA, posted EUR35 million revenue last year, an increase of 16% on more

11 apr 2014

Pharmaceutical company MSD Romania expects revenue to rise by 10% this year, in line with 2013 evolution, and on the medium term the company wants to climb two positions in the ranking of the largest more

10 apr 2014

Centrul Medical Academica, a business held by Oprescu family, generated revenue of above EUR3.1 million in 2013, up 21% on the year, above initial expectations. This year, the company banks on an over more

10 apr 2014

The Competition Council sees the Romanian beer industry, a market of over EUR1.8 billion annually, as an oligopoly with major entrance barriers, as Heineken and Ursus, the biggest players, hold over more

4 apr 2014

Over-the-counter drugs are set to be the fastest moving segment of the pharmaceutical market in the coming years, when they will rise at a clip of 8%, above the pace of the overall market, according more

3 apr 2014

Iasi-based group Arcadia, which includes Arcadia Hospital, Arcadia Policlinic and Arcadia Cardio, posted revenue of EUR9.24 million in 2013, up 20% on the year, and eyes double-digit growth for this more

2 apr 2014

Swedish group IKEA, the world’s largest furniture retailer, plans to bolster furniture acquisitions from Romania as part of its global strategy targeting sales of EUR50 billion by 2020. more

1 apr 2014

Private healthcare group RomGerMed is “in advanced talks” with strategic investors in a bid to secure a capital inflow of more than EUR10 million, company officials said, without providing further more

28 mar 2014

Roche Romania, the largest player on the domestic pharmaceutical market, is likely to downwardly revise its 5% revenue growth projection announced previously, as the update of the list of reimbursed more

26 mar 2014

Furniture exports reached EUR1.7 billion last year, up 17% on 2012, a surprising performance unparalleled in the last five years, according to data provided by Romanian Furniture Manufacturers more

25 mar 2014

Healthcare market deals are likely to return into the limelight this year as two Romanian medium-sized operators, Medas and RomGerMed, are in talks to attract investors in the companies. more

24 mar 2014

The shareholders of oncology clinic chain Amethyst opened a clinic in Krakow (Poland) last October and plan to launch two similar units in Germany and France in 2014. more

18 mar 2014

The deadline GlaxoSmithKline (GSK) set for finding a buyer for its pharmaceutical plant Europharm in Brasov expires at the end of the month. more

14 mar 2014

Abbott Products Romania is interested in developing partnerships with domestic drug makers and talks are ongoing, said company general manager Adrian Grecu. more

13 mar 2014

Acibadem group of Turkey, which operates a network of 17 general hospitals and 13 clinics, is likely to enter the Romanian market directly by opening a hospital modeled after its units in Turkey. more

13 mar 2014

Clinic network Anima is likely to include ten clinics in Bucharest at the end of this year, as the company has opened a unit in Progresul area and plans to open at least two others in Bucharest. more

11 mar 2014

Confind company of Campina (Prahova), a producer of oil industry equipment and installations controlled by businessman Ioan Simion, acquired 240 hectares of farmland and wants to continue purchases to more

10 mar 2014

Swedish giant IKEA, the biggest player on the Romanian furniture market, has for several years had a new rival in Europe, South-African group Steinhoff, which has grown through successive more

6 mar 2014

Beer sales contracted by 4% in 2013, marking the first year of decline after the market managed to grow in 2011 and 2012 more

3 mar 2014

Private healthcare company Sanador is set to strengthen its business this year by adding new services and expansion of the existent ones, but it doesn't plan to tap other cities, according to its more

26 feb 2014

Regina Maria private healthcare operator, controlled by Advent International investment fund, has brought five of the companies part of the group under the umbrella of a single legal entity, Centrul more