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Papalekas In Talks With Ovidiu Buluc To Buy Former Farmexim Platform
Real Estate

Papalekas In Talks With Ovidiu Buluc To Buy Former Farmexim Platform

Greek businessman Ioannis Papalekas, one of the most dynamic real estate investors of Bucharest in recent years, is in talks with businessman Ovidiu Buluc to acquire a 26,000-sqm land plot i...

Catalina Apostoiu · 02.04.2014 · 00:00 · 2 min
A&D Pharma Group Turnover Topped EUR1B In 2013
Health

A&D Pharma Group Turnover Topped EUR1B In 2013

Pharmaceutical group A&D Pharma had a turnover of RON4.7 billion (EUR1.07 billion) in 2013, up 6.7% on the year, as its distribution division Mediplus and Sensiblu drugstores had higher sale...

Oana Gavrila · 01.04.2014 · 17:24 · 1 min
RomGerMed, In Talks With Strategic Investors For Over EUR10M Cash Inflow
Health

RomGerMed, In Talks With Strategic Investors For Over EUR10M Cash Inflow

Private healthcare group RomGerMed is “in advanced talks” with strategic investors in a bid to secure a capital inflow of more than EUR10 million, company officials said, without providing f...

Catalina Apostoiu · 01.04.2014 · 15:05 · 1 min
World Bank Approves $339M Healthcare Loan To Romania
Macroeconomics

World Bank Approves $339M Healthcare Loan To Romania

The World Bank’s Board of Executive Directors approved Friday a $338.8 million loan to Romania to improve the country’s healthcare infrastructure, the bank said in a statement.

Ecaterina Craciun · 28.03.2014 · 20:41 · 1 min
Roche: Romania, Not A Strategic Country For Us
Health

Roche: Romania, Not A Strategic Country For Us

Roche Romania, the largest player on the domestic pharmaceutical market, is likely to downwardly revise its 5% revenue growth projection announced previously, as the update of the list of re...

Catalina Apostoiu · 28.03.2014 · 00:00 · 2 min
Dragos Damian Re-elected Head Of Association Of Generic Drug Producers In Romania
Health

Dragos Damian Re-elected Head Of Association Of Generic Drug Producers In Romania

Dragos Damia, general manager of generic drug maker Terapia-Ranbaxy, has been re-elected president of the Association of Generic Medicine Producers in Romania (APMGR).

Ecaterina Craciun · 27.03.2014 · 15:02 · 1 min
Antibiotice, Biofarm or Zentiva: Which Pharma Stock To Invest In?
Capital Market

Antibiotice, Biofarm or Zentiva: Which Pharma Stock To Invest In?

Zentiva Bucuresti (SCD.RO) is paying the highest dividend of all pharmaceutical producers listed on the Bucharest stock market, while Biofarm (BIO.RO) will not be paying any. Analysts’ favor...

Loredana Frățilă-Cristescu · 26.03.2014 · 00:00 · 3 min
Renewed Interest For Healthcare Deals: Medas and RomGerMed, In Talks With Investors
Health

Renewed Interest For Healthcare Deals: Medas and RomGerMed, In Talks With Investors

Healthcare market deals are likely to return into the limelight this year as two Romanian medium-sized operators, Medas and RomGerMed, are in talks to attract investors in the companies.

Catalina Apostoiu · 25.03.2014 · 17:54 · 2 min
Zentiva Romania Mulls Paying 50% Higher Dividends Of RON30M For 2013
Health

Zentiva Romania Mulls Paying 50% Higher Dividends Of RON30M For 2013

Drugmaker Zentiva Romania (SCD.RO) plans to pay out its shareholders total dividends worth RON30 million (EUR6.7 million), 50% higher on the year and nearly three quarters of its 2013 net pr...

Ecaterina Craciun · 24.03.2014 · 19:46 · 1 min