07.22.2024

Romania's Competition Council has carried out an unannounced inspection at the premises of Sun Wave Pharma SRL, a company active on the food supplement distribution market. more

07.03.2024

Pharma company group Direct Pharma Logistics, made up of Direct Pharma Logistics, Pharmalink and Farmatop, is expanding its drug wholesale operations and is readying to enter the market of the more

06.26.2024

Fiterman Pharma, the drug producer controlled by Fiterman family of Iasi, in 2023 saw its turnover go down by almost 10%, while profit halved. more

04.25.2023

A&D Pharma Group, with a history of almost three decades, being established in 1994, is changing its name to Dr. Max Romania. more

11.29.2022

Electricity supplier Electrica Furnizare, part of Electrica Group, concluded a partnership with Zentiva Romania for the installation of photovoltaic (PV) panels at the Labormed Pharma production and more

11.07.2022

Romania’s Competition Council has approved a transaction whereby Polisano Pharma SRL pharmacies, held by Daniela Ioana Vonica and Valentina Bîrsan, were acquired in August 2022 by Marcos Provit, more

10.05.2022

An integrated team of specialists of PwC Romania and D&B David si Baias, the connected law firm of PwC in Romania, has assisted Belgian-based Ceres Pharma held by investment fund NAXICAP, in the more

10.04.2022

Law firm Wolf Theiss assisted Calin Ioan Ianta and Radu Ionescu-Heroiu, the shareholders of Romanian dietary supplements manufacturer Dacia Plant, in the process of selling a majority stake to more

09.21.2022

Sun Wave Pharma, a company specializing in the production of natural supplements, set up in 2008, has ambitious growth plans locally, in Romania, but also in the region, in ECE, where it wants to more

09.15.2022

Romania’s drug production is based on 158 companies, which generated RON48 billion turnover in 2021, up 6% year-on-year. Yet, the number of companies operating on this market dropped and current more

09.01.2022

Zentiva Romania, a major pharmaceutical manufacturer in Romania, in the first half of this year posted RON362 million turnover, up 10%, and net profit worth RON31.7 million, 8% lower than in the same more

08.08.2022

Sindan Pharma, part of Teva group, set up more than three decades ago in Bucharest, reported RON14.7 million profit in 2021, up 30% from 2020. more

07.15.2022

Pharmaceuticals group A&D Pharma – Dr.Max Group has leased over 5,000 square meters within the CTPark Craiova East industrial park, in a new building due to be completed by the end of 2022. more

06.22.2022

CTP Group, the largest owner, developer and manager of industrial and logistics space in Europe, has delivered a built-to-suit warehouse covering approximately 35,000 square meters for A&D Pharma – more

05.27.2022

Terapia Cluj, a local pharmaceuticals producer held by pharmaceuticals giant Sun Pharma, has acquired the Uractiv product range of the portfolio of Iasi-based company Fiterman Pharma, according to an more

04.28.2022

Farmaceutica Remedia, a major player on Romania’s pharma market, generated RON472.8 million revenues, up over 7% from the previous year, with the drug distribution unit as the main business driver. more

02.22.2022

Pharma group Bioeel, owned by businessman Albert Attila, a founding member, and Jean Scheftsik de Szolnok, a French citizen, in 2021 generated turnover worth RON562 million (EUR114.2 million), 18% more

11.23.2021

Doctor Eugen Banciu, a stakeholder in Farmaciile Dona, the fourth largest company in Romania’s pharma retail by turnover, wants to strengthen the company locally and says he’s not mulling foreign more

07.05.2021

A&D Pharma, part of Dr.Max Group, which owns Dr.Max pharmacy chain, has leased a warehouse of 9,000 square meters within the CTPark Sibiu project located in western Sibiu, being the second largest more

06.17.2021

Romania’s Competition Council has approved a transaction whereby PharmaLife Med SRL is acquiring the group of companies CED Pharma SRL, Monix Farm SRL and Leti-Farm 2000 SRL. more

12.24.2020

MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has acquired 100% in CED Pharma group of companies. more

10.07.2020

Pharmaceutical giant GlaxoSmithKline, which has been operating in Romania for almost 30 years now, has decided to close its pharmaceutical representative office in the country. more

08.18.2020

Fiterman Pharma, a medium-size pharmaceuticals producer based in Iasi, on Tuesday said its profit doubled on the year to RON13.5 million and its turnover grew 6% on the year to RON139 million in 2019, more

09.17.2019

Implementation of prevention programs so as to lead to an efficient state-of-the-art healthcare system must come from statistical data about the health issues of the patients, which would provide an more

06.05.2019

Romania's antitrust body has authorized the deal whereby A&D Pharma Marketing&Sales SRL takes over assets from Teva Pharmaceuticals SRL (Teva), mainly consisting of wholesale contracts concluded by more