Health
Farmaceutica Remedia 1H Sales Flat, Profit Up 22.23%
Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) reported net sales worth RON119.8 million (EUR27 million) in the first half of the year, similar with RON119.48 million in the...
Gedeon Richter Sales In Romania Up 5.2% To EUR75M In 1H/2014
Hungarian pharmaceutical company Gedeon Richter registered sales of EUR74.9 million in Romania in the first half of 2014, up 5.2% from EUR71.2 million in the year-earlier period, the group s...
Medicover Romania, Set To Invest EUR1.1M In New Clinics And Equipment In 2014
Medicover, a major player on Romania’s private healthcare market, expects revenue to go up by 14% this year, when it is going to invest EUR1.1 million in new clinics and equipment.
Ponderas Hospital To Relocate To Northern Bucharest And Double Its Area
This year’s main project for Ponderas hospital of Bucharest will be relocation to a new space, in Herastrau, with an almost double area, says Alina Ambrozie, the chief executive officer of t...
Romania’s Healthcare Market, Fastest Growth In The Region In 2013
Romania’s private healthcare market rose by 8% last year, to EUR550 million, according to data provided by market research company PMR.
Pfizer To Invest Further In Romania Plant
Pfizer will continue to invest in the medium-sized production facility it owns in Cluj, northwestern Romania, according to Nolan Townsend, the American who arrived in Romania in May to take...
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...
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...
Hofigal Owners Want To Sell 35.5% Stake For EUR5M
The owners of food supplement and cosmetics company Hofigal Bucharest want to sell a 35.5% in the company for EUR5 million.