Health
Romanian Pharmaceutical Market Up 4.3% In 1Q, To Over RON3B
Romania’s pharmaceutical market reached sales of 3.05 billion lei (EUR696.6 million) in the first quarter of 2013, up 4.3% on the year but down 2.5% on the quarter, according to market resea...
MedLife Targets EUR3.5M Investments In Network Expansion, EUR75M Turnover In 2013
Private healthcare provider MedLife estimates an increase in this year’s turnover up to EUR75 million, from EUR59 million in 2012, and plans to invest EUR3.5 million in expanding its network...
Top Five Private Medical Service Providers Post EUR192M Revenue In 2012
The top five private medical services providers in Romania--namely MedLife, Regina Maria, Medicover, Sanador and Gral--posted revenue of EUR192 million in 2012, up 24% on the year, according...
Polisano Targets 15% Higher Revenue In 2013
Romanian pharmaceutical wholesaler Polisano, controlled by Romanian businessman Ilie Vonica, expects revenue of 1.5 billion lei (EUR343 million) in 2013, up 15% from RON1.33 billion (EUR294...
Antibiotice Wants To Increase Share Capital By RON20.66M
The managing board of Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) has proposed the company’s shareholders to increase Antibiotice’s share capital by 20.66 million lei (EUR4.75 mil...
Government Allots Over RON76M For Payment Of Hospital Arrears
The Romanian Government has increased the Health Ministry’s budget by more than 76 million lei (EUR17.4 million) so that the arrears amassed by public hospitals subordinated to local authori...
Europharm Distributie 2012 Sales Down 10% On Year
Romanian pharmaceutical wholesaler Europharm Distributie, owned by UK group GlaxoSmithKline, registered sales of 915 million lei (EUR205 million) last year, down 10% from RON1.024 billion in...
Krka’s Sales In Romania Up 9% In 1Q, To EUR11.9M
Slovenian pharmaceutical group Krka’s sales in Romania increased 9% in the first quarter, to EUR11.9 million, mainly due to the prescription drug segment, the company said in a statement.
Zentiva Romania To Invest EUR2.5M In Production Facilities & Equipment In 2013
Pharmaceutical company Zentiva Romania (SCD.RO), part of the Sanofi group, Thursday said it will invest 10.7 million lei (some EUR2.5 million) this year in production facilities and equipmen...