GSK
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Antitrust Body Looks Into Sandoz AG’s Acquisition Of Business Activity From GSK
Romania’s Competition Council is looking into a transaction whereby Sandoz AG seeks to acquire from GlaxoSmithKline (GSK) the sale activity of cephalosporine-based antibiotics.
GSK’s Prescription Drugs and Vaccine Division Exits Romania
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.
GSK Romania: We’re Considering Production Facility In Romania On Medium And Long-Term
UK’s pharmaceutical giant GlaxoSmithKline, which arrived in Romania about 30 years ago, is considering the opportunity of investing in a production facility in Romania again, Dana Constantin...
GSK Consumer Healthcare Names New GM For Romania And Balkan States
GlaxoSmithKline (GSK) Consumer Healthcare has appointed Sylwia Piankowska as general manager for Romania and the Balkan states, replacing Helen Tomlinson, who was named general manager of GS...
GSK Market Share Down To Half In Ten Years
UK’s GlaxoSmithKline (GSK), which had drug production operations in Romania via the Europharm plant in Brasov since late nineties, has lost more than half of its market share in Romania on t...
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.
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...
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...
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...