3 iul 2018

French-held Essilor, which has an eyeglass lens distribution subsidiary in Romania, is considering expanding production to Central and Eastern Europe and the top two countries considered are Romania more

2 iul 2018

Entrepreneur Nicolae Chiorean established bread and pastry company Panemar in Cluj in 1993 and took it to 64 million lei (EUR13.7 million) sales in 2017, up 18% year-on-year, and an average number of more

25 iun 2018

UK-held Reckitt Benckiser group, which has been operating in Romania since 2002, posted 455 million lei (almost EUR100 million) revenue in 2017, an increase of 11% on 2016, Finance Ministry data show. more

13 iun 2018

The entrepreneurs who create and develop a powerful brand make a long-term investment and a brand based on a quality product and strategy will help the business grow. more

1 iun 2018

The top five pharmaceutical wholesalers in Romania posted 12 billion lei (EUR2.6 billion) revenue in 2017, flat on the previous year. Two top companies - Mediplus and Europharm, saw a decline in more

30 mai 2018

Pharmaceutical manufacturer Terapia based in Cluj, part of India’s Sun Pharma group, posted 671 million lei (EUR145 million) revenue in 2017, 18% higher than in 2016 and had 867 employees. more

25 mai 2018

The Romanian pharmaceutical market amounted to 14.1 billion lei (EUR3 billion) in 2017, 9% more than in 2016, when the market stood at almost RON13 billion, data from market research company Cegedim more

15 mai 2018

Timisoreana, a beer brand with an over 300-year history, posted EUR200 million sales in 2017. Its market share stands at 15% of the beer market, which increased by 2%, while consumption stood at 82 more

26 apr 2018

Dr. Max pharmaceutical group, held by Czech Republic’s Penta Investments, has added 613 pharmacies to its network once the takeover of the A&D Pharma group has been completed. This will take the more

17 apr 2018

Swiss-held chemical group Clariant is investing more than EUR100 million in the plant it is building in Podari, a rural town about 10 kilometers from Craiova, Dolj County in southern Romania. more

12 apr 2018

Romania’s pharmaceutical exports stood at EUR771 million in 2017, 5% higher than in 2016, ZF has found from the preliminary data supplied by the National Statistics Institute. more

4 apr 2018

Swiss-held Clariant chemical group has bought a 10-hectare plot in the rural town of Podari, near Craiova, which previously accommodated the vegetable oil plant Olpo (closed by Cargill) and a sugar more

3 apr 2018

There are resources for new investment projects, there are opportunities in Romania, but the development pace must become faster, solutions must be found to offset the shortage of labor in some areas more

29 mar 2018

Help Net, the retail pharmacy chain of businessman Ovidiu Buluc, ended 2017 with EUR128 million revenue, an increase of about 8% on 2016, according to ZF’s calculations. The number of pharmacies in more

22 mar 2018

Synevo Romania, the lab network of the Swedish-held private medical service provider Medicover, posted EUR46 million revenue in 2017, an increase of 18% on 2016, after having expanded the number of more

14 mar 2018

The generics division of French-held Sanofi, which includes the Zentiva pharmaceutical company with its plant in Romania (the former Sicomed), as well, is being courted by India’s Torrent more

10 ian 2018

Ilfov (which surrounds Bucharest) is the county with the most applications for establishing retail pharmacies of all rural areas, 21, according to Romania’s Health Ministry statistics. more

22 dec 2017

Walmark, the subsidiary of the Czech group by the same name, which has been selling nutritional supplements in Romania for two decades, expects 84 million lei (EUR18 million) revenue in June 2017 – more

21 dec 2017

Retail pharmacy chain Catena, the largest on the local pharmaceutical market, will end 2017 with almost 2.9 billion lei (EUR626.7 million) revenue, up 12% on 2016. It has 670 pharmacies throughout more

4 dec 2017

Sf. Sava private hospital in Iasi posted 11.5 million lei (EUR2.5 million) revenue in 2016, up 7% on the previous year, according to the publicly available data on the Finance Ministry website. This more

8 nov 2017

Pharmacy chain Sensiblu, the second leading pharmaceutical retailer in Romania, posted a 14% decline in sales in the first half to 703 million lei (EUR153 million) and Mediplus, the leader of the more

3 nov 2017

Insurance companies and the public opinion should discuss more about optional insurance, be it general or life insurance and less about auto liability insurance (RCA), if they want to see the Romanian more

1 nov 2017

Pharmaceutical retail chain Tinos, a Bucharest-based family business established 23 years ago, posted almost 26 million lei (EUR6 million) revenue in 2016, up 11% on 2015. The chain has 15 pharmacies more

30 oct 2017

Tension between government and the business sector is mounting alarmingly fast after the Finance Ministry announced significant changes of the fiscal legislation at the end of last week: 1% tax on more

20 oct 2017

The franchise market in Romania - more than 400 concepts, is headed towards EUR3 billion revenue by yearend and has the potential to double in the next five years, as the interest of entrepreneurs for more