Health
AmCham, Foreign Investors Ask Romania's Government To Reconsider Fiscal Measures Pledged To IMF
The American Chamber of Commerce in Romania (AmCham) and the Foreign Investors Council (FIC) called on the Government to lower local taxes on property for companies, set up a stable and comp...
Gedeon Richter Invested Over $50M In Romania Since 1998
Hungarian pharmaceutical company Gedeon Richter has invested over $50 million in Romania since 1998, when it bought medical drug producer Armedica in Targu Mures.
Help Net To Open 28 New Pharmacies By End-2014
Help Net, one of the largest retail pharmacy chains in Romania, plans to expand its network of 152 drugstores by opening 28 more units by the end of 2014.
A&D Pharma Gets EUR190M Syndicated Loan From UniCredit, BCR And BRD
Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million.
Private Clinics: It’s Upsetting Hundreds Of Labs Get Public Funds And They Don’t Actually Exist
Private healthcare providers are complaining that the government is distributing healthcare money at its discretion and there is no predictability in dealing with the authorities.
Romania Private Healthcare Market Still Depends On Subscriptions
Romania’s private health insurance market is growing quickly, but service healthcare providers estimate most of their business will still come from corporate subscribers in the coming years.
Ioan Nani: Antibiotice Iasi Can Grow Into A Regional Player With Help From An Investor
Romania’s state-run drugmaker Antibiotice Iasi can grow to become a player in the region, but with support from an investor and improved legislation, the company’s general manager Ioan Nani...
Farmexpert: Romania’s Pharma Market Is Consolidating, There Is Room For 3-4 Large Wholesalers
Romania’s pharmaceutical market is consolidating, but there is room for three-four large wholesalers at most, Iulian Trandafir, general manager of Farmexpert, said Monday.
A&D Pharma CEO: Profit Margins Of Drugstores In Romania At 13%-14%, Lowest In Europe
Pharmacies in Romania have profit margins of only 13%-14%, among the lowest in Europe, therefore, they are barely able to make it through, A&D Pharma CEO Robert Popescu said Monday.