Senior Editor
Ioana David
- Fields
- Health, Retail&Consumer, Companies
- Writing for ZF since
- 2011
- Articles
- 99
Ovidiu Buluc: Farmexim Has Consolidation Plans Over Next Two Years
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 2...
Private Healthcare Market Could Grow 60% In 3 Years To EUR800M In 2014
The Romanian medical services market, one of the most dynamic sectors in the last few years, could grow 8% this year and by as much as over 20% as of 2013 if certain regulations come into fo...
Mobexpert Closes Down First Large Store In Sun Plaza
Mobexpert, the largest player in the furniture industry, on Monday closed down its store in the Sun Plaza mall in Bucharest, one of the largest stores in the chain owned by businessman Dan S...
Top 15 Romanian Drug Producers Posted EUR315M Revenue In 2011
The 15 largest local drug producers posted EUR315 million in revenue together last year, which accounts for 12% of a market dominated by importers. This means the 15 Romanian pharmaceutical...
Medas Clinics Expect Growth Of 60% This Year, Owners Plan To Build New Hospital
Medical service operator Medas, controlled by the Ateia family (Simona Ateia and Abd Halal Ateia) posted higher than expected growth in revenue last year and the upward trend will continue t...
Head Of Novartis: Prospects Are Better In Romania Than In Western Countries
Novartis Pharma Services general manager Elena Mitova said prospects are very good in Romania, adding that she prefers to be here, where potential is bigger than on western markets, which ha...
Philip Cox, The Man Who Makes Wine In Romania For Retailer Tesco
Philip Cox is one of the shareholders of Cramele Recas, a winemaker with almost EUR18 million sales last year, who left the UK in the early nineties and indirectly returned via the company h...
Medicover Opens Its First Hospital In Romania After EUR20M Investment
Private medical services operator Medicover estimates the hospital it opened Monday in Bucharest, which entailed over EUR20 million in investments, has the potential to generate revenues of...
Sparkling Wine Producer Angelli Doubled Exports In 2011, Eyes New Markets
Alcoholic beverage producer Angelli doubled exports last year and sold 8 million bottles, the same as in 2010. The company wants to tap new markets this year.
Winemakers Expect Fiercer Competition, Rise In Number Of Specialist Stores
The Romanian wine market could stagnate in 2012 after having lost some of its volume over the past few years, according to ZF estimates based on data provided by winemakers.
Insolvent Furniture Maker Staer Adjusts Its Store Chain, Expects Higher Sales
Furniture maker Staer International, which started insolvency proceedings at the shareholder’s request in December 2010, has budgeted a turnover of 38.42 million lei (EUR8.8 million) for thi...
Farmexpert Reports 12% Increase In 2011 Turnover, Keeps Up Investments
Pharmaceutical distributor Farmexpert controlled by Germany’s ANZAG, reported a 12% increase in last year’s turnover to nearly 1.71 billion lei (EUR393 million), according to ZF’s calculatio...