29 nov 2011

Pharmaceutical marketing and retail firm Romastru Trading plans a turnover of EUR90 million this year and it has started a process of regional expansion that could double its turnover in the long run. more

28 nov 2011

The Romanian soft drink market did better in 2011, when the decline in sales was lower than the dramatic drop posted in 2010, says Mihaela Burtoi, group brand manager of soft drink maker Tymbark, more

23 nov 2011

Ziarul Financiar this week started a campaign about the management of the 195 billion lei (EUR45 billion) that the government hopes to collect for the general consolidated budget in 2012, as indicated more

22 nov 2011

Pharmaceuticals wholesaler Polisano, controlled by Sibiu businessman Ilie Vonica, posted sales of 890 million lei (EUR204 million) in the first nine months, up 23% against the similar period of 2010. more

18 nov 2011

Jacques Nathan, the new country manager of Sanofi Romania, says the factory in Bucharest has a strategic importance in the group and will be used to produce and launch new drugs, while the group is more

16 nov 2011

The beer market will lose approximately 60,000 hectoliters a year by 2016, according to estimates by market research firm Canadean, reaching 16.34 million hectoliters from 16.65 million expected for more

15 nov 2011

Pharmaceutical company GlaxoSmithKline (GSK), which owns drug maker Europharm in Brasov (central Romania), expects to sell 75% of its output abroad next year, compared with 60% this year and 43% in more

11 nov 2011

Sergiu Negut, who until recently was general manager of private medical services provider Regina Maria, has stepped down, and was replaced by Fady Chreih, executive manager of the network. more

11 nov 2011

Drug sales leaped significantly in the third quarter of the year, rising by nearly 14% in value against the similar period of 2010, to 2.74 billion lei (EUR643 million), according to data from market more

10 nov 2011

Stimulate investments and make sure they are not made only on paper! This is the most important piece of advice that Romanian entrepreneurs have for the government, which should take a closer look at more

9 nov 2011

Businessman Mihai Miron, who controls medicine wholesaler Ropharma (RPH.RO), with an annual turnover of around RON400 million (around EUR92 million), says he is working with two budget versions for more

4 nov 2011

Winemaker Cramele Recas posted over EUR11 million sales in the first nine months of this year, up about 15% compared with the same time in 2010 and higher than the 10% initially estimated for the more

24 oct 2011

At 28, Oana Bulmez is the youngest brand manager in PepsiCo's beverage division, with turnover of almost EUR150 million according to ZF estimates. Bulmez is one of four brand managers younger than 35, more

21 oct 2011

Romania’s pharmaceutical market is a market of contrasts. On the one hand it is extremely unpredictable, which makes it impossible to know whether one will get good or bad news tomorrow, and on the more

21 oct 2011

Ursus Breweries, the largest company on the Romanian beer market, recorded an 8% decline in sales volumes in April-September of 2011 against the similar period of 2010. more

18 oct 2011

The Romanian clothing and footwear market has the highest growth potential in Central Europe by 2013, considering average spending per capita could increase to EUR103 in 2013 compared to EUR73 last more

18 oct 2011

Bottled water consumption will rebound next year, but it will not be anything spectacular, just a 3% to 5% increase, considering the market is already showing signs of a thaw-up in 2011, says Camelia more

17 oct 2011

Coca-Cola HBC Romania, the largest competitor on the beverage market of this country with over EUR400 million sales last year, has recruited Dan Timotin as its chief financial officer. more

17 oct 2011

Stephen Stead, chief executive officer of pharmaceutical company Labormed, controlled by investment fund Advent International, says that things are extremely volatile on the drug market and although more

12 oct 2011

Beer sales declined 0.7% in June to August compared to the same period of 2010, reveals a ZF analysis of the data provided by the National Statistics Institute (INS). more

12 oct 2011

Alexandra Gatej, president of the American Chamber of Commerce in Romania AmCham, says the sentiment of U.S. companies towards Romania is good, that they continue to be interested in investing and more

11 oct 2011

The mergers and acquisitions (M&A) market, which gives a measure of the financial and strategic investors’ interest in Romania, was barely alive during the first nine months of the year, when 14 more

7 oct 2011

● Private clinics have doubled their number of doctors over the past five years ● How many doctors are leaving the public healthcare system ● Romania’s Health Ministry has no idea how many more

5 oct 2011

Private healthcare operator Regina Maria, owned by investment fund Advent International, has bought a “significant stake” in Bucharest’s Promed clinic, thus tapping into the in the segment of more

4 oct 2011

The fever of private hospital openings which has gripped Romanian investors in the last few years peaked in the first half of 2011, when projects worth a total of over EUR100 million were inaugurated. more