Health
Romania To Become Sarantis’ RnD Hub For CEE After Shutdown Of Elmiplant Factory
Greek cosmetics group Sarantis, which plans to shut down its Elmiplant cosmetics factory in Romania, said Thursday it will move to Greece only a small part of its business in Romania, which...
MedLife To Hire 500, Open Four Clinics In 2014
Private medical service operator MedLife will open four large clinics in Galati, Constanta, Iasi and Craiova next year and hire 60 to 80 physicians for each of them, plus auxiliary personnel...
MedLife Opens Oncoplastic Surgery Center
Romanian private healthcare provider MedLife has opened a center for diagnosis, treatment and reconstruction of breasts after a mastectomy, which will be called MedLife Center of Oncoplastic...
Sarantis To Close Elmiplant Factory In Romania, Moves Production To Greece
Greek cosmetics group Sarantis will shut down its Elmiplant cosmetics factory in Romania, which it bought in 2007 from company founders, and will move production to Greece to support the cou...
Farmec Opens Its First Beauty Salon
Romanian cosmetics producer Farmec inaugurated its first beauty salon Friday in Cluj, northwestern Romania, following an investment worth EUR0.36 million.
Healthcare Market May Top EUR700M In 2015, Despite Slower Growth
The private medical service market, which was almost non-existent ten years ago, reached EUR521 million last year and has been among the fastest growing sectors in the last few years.
Ropharma’s Retail Business To Expand To 150 Pharmacies By Late 2014
Pharmaceutical wholesaler and retailer Ropharma could see its retail pharmacy network reach 150 pharmacies by the end of 2014 from the current 126, says businessman Mihai Miron, who controls...
Antibiotice And Biofarm, Among Most Profitable Stock Investments
The shares of drug producers Antibiotice Iasi (ATB.RO) and Biofarm Bucuresti (BIO.RO) generated over 50% profits in the past year, including the dividends paid to shareholders, which makes t...
Alvogen Aims For 15% Growth In 2014
Alvogen and Labormed Pharma, which the former bought last December, will post 265 million lei (EUR60 million) revenue in 2013, says Laurentiu Scheusan, Alvogen’s executive vice-president in...