Health
ANZAG Paid EUR35.5M For Farmexpert Stake In 2012
Germany’s ANZAG in 2012 paid EUR35.5 million for an additional 20% in Romanian pharmaceuticals wholesaler Farmexpert, the company said in a report.
Amway Romania Sees Slight Growth In Sales This Year, To $23M
Direct sales company Amway Romania expects a slight growth in sales this year, to USD23 million, driven by the planned new product launches.
Remedia Deva Bets On Cosmetics And Partnerships For Profit
The management of pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) controlled by businessman Valentin Norbert Tarus, expects pressure on profitability margins to continue in th...
Krka’s Sales In Romania Fell To EUR47M In 2012
Slovenian pharmaceutical group Krka’s sales in Romania fell to EUR47 million last year, from EUR48.6 million in 2011, but the country remained the company’s largest market in Southeastern Eu...
Farmaceutica Remedia Revenues Up 16% In 2012, To RON239M
Romanian pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) said Wednesday its revenues increased 16% last year to 239 million lei (EUR53.6 million), from about RON206 million in...
Egis 1Q Sales In Romania Up 7% To EUR4.45M In 4Q
Hungary’s pharmaceutical company Egis Wednesday reported last quarter sales of EUR4.45 million in Romania, up 7% on the year, according to the company’s financial report from EUR4.14 million...
MedLife To "Aggressively" Expand Clinic Network In 2013
Private healthcare provider MedLife will expand its clinic network this year in most major cities of Romania, after investing an average of EUR500,000 in each new unit, company president Mih...
Contract Manufacturing Keeps Laropharm Growing
Drug producer Laropharm, a small player in the local pharmaceutical industry, saw its revenue rise by an annual 30% on the average in 2009-2011, while 2012 growth reached 7%, according to on...
Gedeon Richter Sales In Romania Slightly Up In 2012, To EUR131.4M
Hungarian drug maker Gedeon Richter said Thursday its sales in Romania rose 1.4% to EUR131.4 million in 2012, from EUR129.6 million in 2011, backed by wholesale and retail operations.