Health
Zentiva 2014 Profit Seen Up 18.6% At RON47.8M
Drugmaker Zentiva Romania (SCD.RO) estimates an 18.6% net profit increase in 2014, to 47.8 million lei (EUR10.7 million), the company said in its budget proposal published on the Bucharest s...
Turkey’s Bozlu Opens Cancer Treatment Center In Northern Bucharest
Turkey’s Bozlu group last week officially launched, in northern Bucharest, a cancer treatment center called Neolife, a EUR15 million investment, out of which EUR10 million went into medical...
Antibiotice Iasi Pays Dividends Of RON15.4M, Nearly Half Of 2013 Profit
Romanian state-run drug-maker Antibiotice Iasi (ATB.RO) is paying dividends totaling RON15.4 million, nearly half of the profit it made in 2013, and the Health Ministry, the majority shareho...
Eurobarometer: 64% of Romanians Consider Working Conditions In Romania Are Bad
Nearly two thirds of Romanians consider current working conditions in the country are bad, while 55% consider these conditions have deteriorated over the past five years, according to a Euro...
Groupama Revenues Down 11% In 2013, To RON718M, On Reduced Car Insurance Exposure
Groupama Romania underwrote premiums of RON718 million in 2013, down 11% on the year, as it decided to reduce its exposure on the mandatory car insurance (RCA) segment, the company said Thur...
DONA To Invest EUR15M In Revamping Pharmacy Chain
DONA pharmacy chain will invest EUR15 million in the next 4-5 years to remodel its 240 units nationwide, in order to refresh the brand’s image, and plans to open another 60 units by 2016, th...
Dona Pharmacy Chain Expansion In Full Swing
S.I.E.P.C.O.F.A.R., the company that operates drugstore chain Farmaciile Dona, expanded further in the first quarter of this year, opening seven new units, two in Bucharest and the rest outs...
Pfizer Puts Former Lehman Brothers Investment Banker In Charge Of Romanian Business
US-based Pfizer, the fifth leading pharmaceutical company on the local market, has appointed Nolan Townsend as country manager for Romania. He replaces Gregory Reeder, who was promoted to ma...
Farmaceutica Remedia: Non-Payment Risk, The Main Problem At Present
Drug wholesaler Farmaceutica Remedia Deva (RMAH.RO) says the state’s decision to pay its health system arrears under IMF pressures brought to the surface the pharmacies that are struggling a...