Health
MedLife 1H Turnover Up 17% On Year To EUR35M
Romanian private healthcare provider MedLife registered turnover of EUR35.2 million in the first half of 2013, 17% higher on the year.
Avon: Luxury Products In Demand In Romania, Poland Prefers Cheaper Ones
Anna Ruszczak, campaign planning manager for Central and Eastern Europe within cosmetics company Avon, says sales of the company’s luxury range are rising significantly at a time when consum...
GSK Receives Several Offers For Its Europharm Production Facility In Brasov, Romania
British pharmaceutical group GlaxoSmithKline has received more offers than it expected for its production line in Brasov, central Romania, both from local and international investors, GSK Ro...
Ranbaxy CEO: Romania Is Becoming A Hub For Us, Exports To 30 Countries
Romania is a key market for the Indian pharmaceutical producer Ranbaxy, which owns Terapia Cluj plant in this country, its chief executive officer and managing director Arun Sawhney says. Ra...
Advent’s Portfolio In Romania Includes Only Two Companies After Two More Exits
Investment fund Advent Internaținal sold two of its Romanian businesses over the past year: medical drug producer Labormed in August 2012 and paint maker Deutek this month.
GSK Sponsored 211 Romanian Doctors To Attend Medical Congresses In 2012
Healthcare company GlaxoSmithKline (GSK), the sixth largest player in the Romanian medicine industry, announced it provided funding last year for 211 Romanian doctors to attend 40 internatio...
Top 40 Pharmaceutical Producers Posted EUR700M Revenue In 2012
The 40 largest pharmaceutical producers in Romania (which includes those making veterinary care products) posted aggregate revenues of EUR671 million in 2012 and employed 8,166 people, accor...
Romanian Pharmaceutical Wholesalers Among Largest Medicine Exporters In 2012
Romanian pharmaceutical wholesalers Mediplus, Polisano and Farmexim and drug producers Europharm, Sandoz and Infomed Fluids were among the ten largest local medicine exporters last year, acc...
Biofarm 1H Net Profit Up 10.3% To RON13.5M
Romanian drugmaker Biofarm (BIO.RO) Wednesday said its net profit rose 10.3% on the year to 13.53 million lei (EUR3 million) in the first half of 2013, and its sales grew at a similar pace t...