09.04.2023

Drug wholesaler Europharm Holding, a major player on the Romanian market, in 2022 posted turnover worth RON896.4 million (EUR181.8 million), up around 15% on the year, in line with ZF calculations more

06.21.2022

Pharmaceutical wholesaler Europharm Holding, a major player on Romania’s market, for 2021 reported turnover worth RON778.4 million (EUR158.2 million), up 12.4% from the previous year, in line with more

01.21.2019

Brothers Attila and Nandor Santa (both of them pharmacists) who bought the Europharm drug plant in Brasov from UK’s GlaxoSmithKline (GSK) in December 2015 have started production and are selling to more

01.25.2017

Pharmaceutical wholesaler Europharm Distributie (EPH) will replace all its fleet vehicles with hybrid vehicles by the end of January 2017, following EUR1 million investments, the company said in a more

11.01.2016

The acquisition of pharmaceutical wholesaler Europharm Distribuţie (EPH) by fast moving consumer goods (FMCG) distributor Interbrands Marketing & Distribution (IBR) was completed on Tuesday, November more

03.16.2016

Romania’s Competition Council approved, in early March, the transaction whereby British pharmaceutical company GSK sold wholesaler Europharm Distributie to fast moving consumer goods distributor more

02.08.2016

UK’s pharmaceutical group GSK finally closed the Europharm plant in Brasov County, central Romania, last year, completing the implementation a plan it had devised for the facility years ago. more

10.13.2015

British pharmaceutical group GSK will sell drug wholesaler Europharm to fast moving consumer goods distributor Interbrands, based on an agreement signed Tuesday and subject to clearance by Romania’s more

06.17.2015

Romanian drugmaker Europharm Brasov, held by UK group GlaxoSmithKline (GSK), registered sales of 426 million lei (nearly EUR96 million) in 2014, down 14% compared with a year before, as the plant is more

01.07.2015

Romanian executive Adrian Vasiliu, appointed at the helm of drug wholesaler Europharm Distributie in early November 2014, after spending the previous five years in Africa working in consumer goods more

10.30.2014

GlaxoSmithKline's Romanain production line Europharm in Brasov, which will be shut down next year, had a turnover of RON497 million (EUR113 million) in 2013, the year the future shutdown was more

07.15.2014

Romanian medicine plant Europharm, owned by GlaxoSmithKline (GSK) which plans to close it by the end of next year, generated overall revenue worth EUR576 million and net profit of EUR28 million in the more

06.18.2014

No Romanian entrepreneur has the financial strength to buy a EUR100 million plant, while the lack of funding and a business environment that is unfriendly to Romanian investors prevent them from more

05.22.2014

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

03.18.2014

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

01.05.2014

In 2013 all eyes were on the Health Ministry as far as the healthcare system is concerned, while the private sector came with several surprise transactions. more

12.25.2013

The announcement of British drugmaker GlaxoSmithKline (GSK) about giving up its Europharm plant in Brasov, central Romania, came as a shock to the pharmaceutical industry this summer. more

12.22.2013

Romanian pharmaceutical wholesaler Europharm Distributie, owned by UK group GlaxoSmithKline (GSK), has extended its warehouse in Chitila by more than 2,000 square meters to integrate the activities of more

09.02.2013

British pharmaceutical group GlaxoSmithKline has received more offers than it expected for its production line in Brasov, central Romania, both from local and international investors, GSK Romania more

07.04.2013

Pascal Prigent, general manager of GlaxoSmithKline (GSK) Romania, says he is optimistic about finding a buyer for the Europharm plant in Brasov and that he is surprised at how soon after last week’s more

05.21.2013

Romanian pharmaceutical wholesaler Europharm Distributie, owned by UK group GlaxoSmithKline, registered sales of 915 million lei (EUR205 million) last year, down 10% from RON1.024 billion in 2011. more

07.30.2012

Terapia Ranbaxy in Cluj became Romania’s largest drug maker last year, leaving rival Europharm behind by just EUR3 million. Terapia came close to EUR100 million in revenue and had the highest profit more

01.04.2012

The Europharm plant in Brasov was the largest drug exporter in Romania in the first eight months of last year and was followed by Sandoz (Targu-Mures) and Actavis (Bucharest), according to data from more

10.21.2011

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

08.25.2011

The ten largest drug makers with plants on the Romanian market last year generated cumulated turnover of more than EUR450 million, almost 20% higher than in 2009, shows a ZF analysis based on Finance more