Health
Medicover Invests EUR20M In New Hospital In Bucharest
Swedish-held Medicover, the third largest private medical service provider in Romania, on Monday said it was investing EUR20 million in a new hospital in Pipera area (northern Bucharest), wh...
Retail Pharmacy Chain Ducfarm Sales Up 15% to RON255M in 2020
Retail pharmacy network Ducfarm in Cluj posted RON255 million sales in 2020, an increase of 15% year-on-year, ZF has calculated from Finance Ministry data.
Novartis Set to Invest in Boosting Production Capacity in Romania
Swiss-held Novartis, one of the largest international pharmaceutical groups, which also has a plant in Romania, Sandoz Targu-Mures, has chosen this country to boost production capacity and c...
Romanian Antitrust Body Clears Sandoz AG Acquisition of GSK Operation
Romania's competition authority said Wednesday it has authorized the acquisition by Sandoz AG of the sale activity of cephalosporine-based antibiotics from GlaxoSmithKline (GSK).
Sanador Opens EUR6M Clinic In Bucharest’s One Tower Office Building
Sanador, the fourth largest private medical services operator in Romania by turnover, has opened a new clinic, on the groundfloor of the One Tower office building in Bucharest’s Calea Florea...
Medima Health Opens EUR1.5M Clinic In Otopeni
Medical operator Medima Health, specialized in medical imaging and radiology, is expanding and opening its fifth clinic, in Otopeni, following an investment of EUR1.5 million.
Antibiotice Iasi Earmarks RON93M for Investments in 2021
Pharmaceutical producer Antibiotice budgeted RON93 million investments for 2021, RON10 million more than in 2020, mainly to develop new facilities at its plant in Iasi.
EY: Medical Subscription Market in Romania Has an Impact of EUR776M on the Value Chain
Each euro invested in the medical subscription market generates an additional 3 euros in added value to the Romanian economy, a study by EY Romania concluded.
Fiterman Pharma Close to EUR40M Revenue in 2020
Iasi-based pharmaceutical producer Fiterman Pharma ended 2020 with RON189 million (EUR39 million) revenue, an increase of 36% on the previous year, ZF has calculated from Finance Ministry da...