Health
Siemens Romania Turnover Exceeded EUR500M In Last Three Years
German group Siemens' turnover on the Romanian market exceeded EUR500 million in the last three years from its operations in industry, energy, healthcare and IT.
Sensiblu Buys 90 City Pharma Pharmacies
Romanian pharmacy chain Sensiblu, the retail division of pharmaceutical group A&D Pharma, will buy 90 City Pharma pharmacies owned by the Relad group.
Farmaceutica Remedia Posts RON54M Turnover In 1Q 2012
Romanian drug distributor Farmaceutica Remedia Deva (RMAH.RO) posted turnover of 54 million lei (EUR12.4 million) in the first quarter of 2012, up 7% on the year, and profit down by 10%, to...
Antibiotice Vetoes Capital Hike, Pays Dividend Instead
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Friday rejected a proposal to increase its share capital by 17.2 million lei (EUR3.93 million), authorizing instead a dividend payout f...
Zentiva Romania Expects Higher 2012 Sales, Profit
Romanian pharmaceuticals company Zentiva Romania (SCD.RO) expects sales of 255 million lei (EUR58 million) in 2012, up 8.5% on the year, and a 3% higher profit, of RON35 million (EUR8 millio...
Biofarm Sees 2012 Net Profit Up 17% To RON16.6M
Romanian drugmaker Biofarm (BIO.RO) estimates its net profit will rise 17% on the year to 16.6 million lei (EUR3.79 million) in 2012, fueled by higher sales.
Medas Clinics Expect Growth Of 60% This Year, Owners Plan To Build New Hospital
Medical service operator Medas, controlled by the Ateia family (Simona Ateia and Abd Halal Ateia) posted higher than expected growth in revenue last year and the upward trend will continue t...
MedLife Creates Broker To Sell Insurance
MedLife, the largest private medical service operator on the local market, controlled by the Marcu family, is branching out into the private insurance market with MedLife Broker Asigurare Re...
Crowne Plaza Bucharest Hotel Trades One Star For Medical Conventions
The five-star Crowne Plaza Hotel in Bucharest, owned by businessman George Copos, applied for a downgrade to four stars, which will allow it to host events organized by pharmaceutical compan...