PHARMACEUTICALS
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Mylan Romania CEO: I Suggested To Shareholders To Invest In Production Facilities In Romania
Pharmaceutical company Mylan Romania (formerly Abbott Products Romania) will probably not reach its 2% to 3% growth target set for this year or 160 million lei (EUR36 million) revenue, its c...
Sandoz Invests EUR13M In Doubling Capacity Of Romania Plant
Drug manufacturer Sandoz, part of the Novartis group, will invest EUR13 million in doubling the capacity of its plant in Targu Mures by the end of 2015.
Four Large Pharmaceutical Companies Blocked EUR50M Investments In Romania Over Clawback Tax
Four major pharmaceutical companies have blocked EUR50 million investments in production lines in Romania because of the clawback tax, which continues to grow, said the head of the Associati...
Exports Up To 25% Of Zentiva Bucharest’s Production
Exports reached 25% of the production of Zentiva (SCD.RO) plant in Bucharest, a unit of French pharmaceutical group Sanofi, frm just 15% in 2013.
How GSK Decided To Give Up Its Plant In Brasov
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.
Ranbaxy CEO: Romania Is Becoming A Hub For Us, Exports To 30 Countries
Romania is a key market for the Indian pharmaceutical producer Ranbaxy, which owns Terapia Cluj plant in this country, its chief executive officer and managing director Arun Sawhney says. Ra...
Top 40 Pharmaceutical Producers Posted EUR700M Revenue In 2012
The 40 largest pharmaceutical producers in Romania (which includes those making veterinary care products) posted aggregate revenues of EUR671 million in 2012 and employed 8,166 people, accor...
Ovidiu Buluc, Farmexim: Only Five Major Drug Wholesalers Will Be Left In A Few Years
Ovidiu Buluc, general manager of drug wholesaler Farmexim, expects only five major drug wholesalers will remain on the Romanian market in a few years’ time, from the current seven.
Top Ten Pharmaceutical Wholesalers Posted More Than EUR2.6B Revenue In 2012
The ten largest pharmaceutical wholesalers posted more than EUR2.6 billion revenue last year, up almost 5% on the EUR2.47 billion of 2011, ZF has calculated based on Trade Registry data and...