Health
Antitrust Authority Estimates To Apply Fines Of EUR20M This Year, Same As In 2013
Romania’s antitrust authority will open around 20 new investigations this year and estimates it will apply fines totaling some EUR20 million, roughly the same as last, Competition Council pr...
SIFs Come To Hold 87% In Biofarm Stock
Regional investment companies SIF Muntenia (SIF4.RO) and SIF Banat-Crisana (SIF1.RO), which owns 5% in former, took over 205.2 million Biofarm (BIO.RO) shares from the investors that subscri...
Romanians Spend At Least EUR100M On Medical Care Abroad
Romanian patients spend at least EUR100 million of their own budget to get treatment abroad, according to ZF estimates.
Sanofi Transfers Production Or Packaging Of Dozens Of Medicines To Zentiva Romania
French pharmaceutical group Sanofi transferred the production or packaging of 22 medicines to its Zentiva plant in Romania in 2013 and other 30 new products are about to be transferred, the...
Antibiotice Iasi, Set To Near EUR100M In Revenue In 2016
Antibiotice Iasi (ATB.RO) plans to boost revenue by stepping up exports and launching new products. The company ranks 11th among the biggest players on the Romanian pharmaceutical market.
Ropharma Expects 25% Higher Profit And 5% Sales Growth In 2014
Pharmaceutical company Ropharma Brasov (RPH.RO), owned by Romanian businessman Mihai Miron, expects a 25% increase in profit to 9 million (EUR2 million) and a 5% increase in sales to RON430...
Case Of Doctors With Lots Of Bribery Money In Their Accounts Shows Tax Authority Is Inefficient
Six hundred thousand surgeries are performed in Romania every year. Assuming an informal payment of EUR500 to EUR1,000 for each of them, doctors get EUR300 million to EUR600 million a year....
Stem SURE Turnover Seen Up 15% In 2014
Stem SURE, the Romanian unit of Danish stem cell bank StemCare, targets a 15% turnover increase on the local market this year, from EUR1.5 million a year earlier, the compay’s representative...
MedLife Opens EUR800,000 Hyper-Clinic In Galati
MedLife, Romania's largest private medical services provider, opened a hyper-clinic in Galati, eastern Romania, its tenth in Romania, following a EUR800,000 investment.