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EUROPHARM

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Health

Entrepreneurs Who Bought Europharm Plant in Brasov Restart Production, Sell Only to Partners Abroad

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 pharmaceutical companies in the EU and to customers beyond it.

Loredana Frățilă-Cristescu · 21.01.2019 · 00:00 · 1 min
Competition Council Clears Sale Of Europharm Distributie To Interbrands
Health

Competition Council Clears Sale Of Europharm Distributie To Interbrands

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

Ecaterina Craciun · 16.03.2016 · 14:58 · 1 min
End Of The Road For GSK’s Europharm Plant
Health

End Of The Road For GSK’s Europharm Plant

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.

Loredana Frățilă-Cristescu · 08.02.2016 · 10:00 · 2 min
GSK To Sell Europharm To Interbrands
Health

GSK To Sell Europharm To Interbrands

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 R...

Ecaterina Craciun · 13.10.2015 · 15:22 · 1 min
GSK's Romania Plant Sees Lower Sales In Year Before Closing
Health

GSK's Romania Plant Sees Lower Sales In Year Before Closing

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...

Manuela Panescu · 17.06.2015 · 16:03 · 1 min
New Head Of Europharm Distributie Wants To Triple The Wholesaler’s Revenue In Five Years
Health

New Head Of Europharm Distributie Wants To Triple The Wholesaler’s Revenue In Five Years

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...

Catalina Apostoiu · 07.01.2015 · 00:00 · 1 min
Europharm Turnover Up 7% In 2013, When GSK Announced Shutdown
Health

Europharm Turnover Up 7% In 2013, When GSK Announced Shutdown

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...

Oana Gavrila · 30.10.2014 · 17:01 · 1 min
How Much Did Europharm Bring GSK In More Than A Decade?
Health

How Much Did Europharm Bring GSK In More Than A Decade?

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 mill...

Catalina Apostoiu · 15.07.2014 · 17:00 · 1 min
Why Romanian Plants Cannot Be Saved From Closing
Companies

Why Romanian Plants Cannot Be Saved From Closing

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...

Loredana Frățilă-Cristescu · 18.06.2014 · 11:14 · 4 min