Health
Biofarm Posts 20% Higher Net Profit and 17% Higher Sales in Jan-Sep
Drug manufacturer Biofarm (BIO.RO) recorded a net profit of RON65.7 million in the first nine months of 2022, an increase of 20% on the previous year, according to ZF calculations based on d...
Zimmer Biomet Opens Its First Romanian Office In Sema Parc
Zimmer Biomet, an American medical device company, is opening an office in Romania where it plans to hire at least 25 people in the first year of activity and has announced investments of EU...
MedLife Turnover Rises 27% in Jan-Sept, To RON1.3B. Net Profit Down 42% To RON56.8M
MedLife, leader of Romania’s private healthcare market, reported pro-forma consolidated turnover of RON1.3 billion for the first nine months of 2022, up 27% from the year-earlier period.
Last Piece of Polisano Empire Sold, as Competition Council Greenlights Deal Involving 12 Pharmacies
Polisano Pharma SRL pharmacies, the last part of the Polisano group still controlled by the Vonica family, who created the Polisano empire, were sold by Daniela Vonica (wife of former busine...
FIC Completes Third Edition Of Project For Training Of Medical Staff In Management Positions
The commitment undertaken by the Foreign Investors Council (FIC) since 2013 to support the Romanian medical system continues through the project “Leaders for Excellence in Healthcare” (LEH),...
Sanador Invests EUR6M in Completely Digitalized Operating Room Block
Sanador Hospital, one of Romania’s biggest private healthcare providers, owned by Andronescu family, has invested EUR6 million in a completely digitalized operating room block, a first for R...
Private Hospital Nova Vita Invests EUR500,000 in Medical Equipment
Targu-Mures-based Nova Vita hospital, one of Romania’s largest private hospitals, a business founded by entrepreneur Virgil Mailat, has invested half a million euros in medical equipment.
MedLife Completes Acquisition of Medici’s, Largest Healthcare Player in Timisoara
MedLife, leader of Romania’s private healthcare market, has announced it completed the acquisition of an 80% stake in Medici’s, the largest healthcare provider in Timisoara, following compet...
Dr. Max Group Signs Agreement To Acquire Gedeon Richter’s Retail And Wholesale Operations In Romania
Dr.Max Group, the leading pharmacy chain in Central Europe, held by Czech investment fund Penta Investments, signed an agreement for the acquisition of retail and distribution operations of...