Health
GSK Romania Used EUR66.8M Capital Hike To Pay Off Debts
GSK Romania used the EUR66.8 million from its recent share capital raise to pay off debts to other divisions of the British pharmaceutical group, amassed due to extensive payment terms on th...
Antibiotice Iasi Aims To Double Export Revenue In 2016-2020
Romanian state-run drug maker Antibiotice Iasi (ATB.RO) is likely to register two-digit export growth this year as it eyes new markets.
GSK Romania Hiked Share Capital By EUR66.8M In December
GlaxoSmithKline’s Romanian subsidiary hiked in December its share capital by 298.2million lei (EUR66.8 million), according to the Trade Registry data.
Turkey’s Bozlu Group Opens Its First Oncology Center In Bucharest
MNT Healthcare Europe, a company part of Turkey’s healthcare group Bozlu, expects revenue of EUR3 million from the first Neolife center that it partially opened in Bucharest on Monday in the...
Romanian Association of International Drug Manufacturers Names New President
The Romanian Association of International Drug Manufacturers (ARPIM) named Calin Galaseanu, head of pharmaceutical company Bristol-Myers Squibb Romania, as president of the association, repl...
AXA Life Insurance To Provide Health Insurance To Transelectrica Employees For RON7M
AXA Life Insurance will provide voluntary health insurance to employees of power grid Transelectrica until October 2016 under a RON6.99 million contract, according to public procurement webs...
Private Clinics, Set To Resume Investments This Year
The major private healthcare providers announced investment plans in new clinics this year, as well as new hires, after a very quiet 2013 expansion-wise.
2013 In Review: Ten Most Important Events In Healthcare
In 2013 all eyes were on the Health Ministry as far as the healthcare system is concerned, while the private sector came with several surprise transactions.
Romanians Spend Almost RON4.3B On Personal Care And Beauty Products
Romanians spent almost 4.3 billion lei on cosmetics - personal care and beauty products - in 2013, with the bulk of the amount going to fragrances (RON885 million) and skincare products (RON...