Health
CEO: A&D Pharma Could Reach EUR1 Billion Revenue In Two Or Three Years
A&D Pharma, the largest local pharmaceutical group, could reach EUR1 billion in consolidated revenue “in two or three years at most”, says its chief executive officer Robert Popescu.
ARPIM Names Johnson&Johnson Romania’s Head As President
Romanian Association of International Drug Producers ARPIM named the head of pharmaceutical company Johnson&Johnson Romania, Efthymios (Makis) Papataxiarchis, as president in December, inste...
Health Ministry Supports Evaluation-Based Hospital Restructuring
Romanian Health Minister Eugen Nicolaescu said Tuesday the local hospitals system should only be restructured based on analyses and complex evaluations, as 75% of hospitals have been closed...
Transport Minister: Good Management May Turn CFR Marfa Profitable
Romanian state-run freight rail company CFR Marfa may become profitable “by putting an end to thefts and through a good management,” Transport Minister Relu Fenechiu told a news conference S...
2013 Brings New Challenges, Including Electricity, Natural Gas Price Increases
Romanians will face new challenges next year when several measures approved by the local authorities will take effect, most concerning price increases.
Krka Romania Sales Fell To EUR30M In First 9 Months
Slovenia’s pharmaceutical group Krka reported sales of EUR30 million in Romania in the first nine months of 2012, down from sales of EUR35.1 million in the same period in 2011, the company s...
Antibiotice CEO: We Plan To Reach Sales Of EUR124M By 2016
Romanian state-run drug producer Antibiotice Iasi (ATB.RO) is aiming for EUR124 million sales by 2016, an increase of 77% from the almost EUR70 million expected this year.
2012 Highlights In Healthcare & Pharma
For the healthcare sector, 2012 is the year with two law drafts subjected to public debate without any of them being implemented. It was also the year with five different health ministers. A...
Raed Arafat Appointed Health Ministry Secretary Of State
Romania’s new Health Minister Eugen Nicolaescu on Saturday appointed Raed Arafat to the position of secretary of state and first deputy health minister.