24 dec 2012

Beer sales went up 5% in the first ten months of 2012 on the year-ago period, according to a ZF's calculations based on the National Statistics Institute (INS) data. more

18 dec 2012

Roche Romania, the local division of Hoffmann la Roche, estimates this year’s growth stands at no more than 5%, compared with the EUR214 million of 2011. more

13 dec 2012

Several investors are interested in drugmaker Labormed, one of the few acquisition targets on the Romanian pharmaceutical market, as integration into an international giant could open up a new more

10 dec 2012

Winemakers started December in full gear, a month that generates the highest sales of the year for them as for the entire fast moving consumer goods industry. more

10 dec 2012

Businessman Ovidiu Buluc, majority owner of drug wholesaler Farmexim, says he will move the company’s operations to the new storage facility in Balotesti (north of Bucharest) at the end of 2013, and more

6 dec 2012

The end of the year has been eventful on the mergers and acquisitions (M&A) market, with ten deals worth over EUR300 million being sealed in November, shows a ZF analysis based on data announced by more

30 nov 2012

Dragos Dinu, who served as chief executive officer of the largest local pharmaceutical group A&D Pharma until 2008, has been given a position in the board of electronics, home appliances and computer more

29 nov 2012

Medical service provider Romar, held by the Hagicalil family and investment fund RC2, is in talks with a foreign partner to open a 40 to 50-bed hospital in Bucharest. more

29 nov 2012

Businessman Dan Sucu, owner of the Mobexpert group, says he tries to manufacture the furniture and decorations he sells in his stores in Romania as much as possible and resort to imports only if more

23 nov 2012

Romanian forests have been very attractive for foreign investors, with the top ten owners by area reaching 134,000 ha, or 2% of the total forest area in the country, according to Business Construct more

16 nov 2012

The mergers & acquisitions market has seen about 40 deals worth approximately one billion euros so far this year, with the three most important deals amounting to EUR350 million, according to the data more

7 nov 2012

Zentiva Romania (SCD.RO) set out to export more than 40 products to over 27 countries by 2016. more

6 nov 2012

Austrian businessman Gerald Schweighofer, who owns several timber and wood panel plants in Romania, estimated his local wood processing and energy business will reach around half a billion euros in more

5 nov 2012

Romanian pharmaceutical company Ropharma (RPH.RO), with operations in retail, distribution and production of medicine drugs, expects a turnover increase by at least 10% in 2012, said Mihai Miron, the more

30 oct 2012

Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, has finalized a EUR40 million investment in a 140-bed hospital in Bucharest, with the unit already being operational. more

26 oct 2012

The fall came with good results for the furniture industry, as companies in this business say they achieved the budget targets and some of them are optimistic about the fourth quarter, usually the more

16 oct 2012

Entrepreneur Dan Sucu, the owner of the Mobexpert furniture business, says he expects sofas, carpets and mattresses to boost sales after his bet on the outdoor furniture paid off. more

2 oct 2012

Octavian Iacob, executive manager of drug distributor ADM Farm, says in the first six months of the year the company is in line with budget figures, so the 2012 financial year could end with sales of more

19 sep 2012

As Romania’s vaccine manufacturer Cantacuzino Institute doesn’t produce any vaccines currently, the government should ensure the state reserve from imports at higher costs, but foreign producers more

17 sep 2012

Pharmaceutical giant Alliance Boots could enter the Romanian market directly after testing the waters for a long time, through the acquisition of a pharmacy network. more

4 sep 2012

Hezy Ovadia, president of United Romanian Breweries Bereprod (URBB), expects the beer market to pick up after three years of decline and stagnation and says the signals he got from the summer months more

3 sep 2012

The 40 largest furniture producers in Romania posted EUR742 million revenue last year, up about 10%, compared with 2010. Seven of them are located in Maramures County (northern Romania), which can be more

23 aug 2012

Beer sales rose by almost 4% to nearly 8.2 million hectoliters in the first half of this year, according to a ZF analysis based on National Statistics Institute data. This is the first half-year more

21 aug 2012

Stephen Stead, the British executive who abruptly stepped down as manager of pharmaceutical manufacturer Labormed two weeks ago, talked for the first time about the reasons behind his decision to more

20 aug 2012

Launching for debate the new healthcare bill has left insurance companies in the dark again, as they are faced with the same difficulties, said Theodor Alexandrescu, general manager of insurance more