Health
Pharmaceutical Manufacturer Biofarm Earmarks EUR10M for Investments in 2021
Pharmaceutical manufacturer Biofarm (BIO.RO) has budgeted RON47.4 million (almost EUR10 million) for investments in 2021, most of which or about 70% will go towards equipping the new product...
Antitrust Body Looks Into Sandoz AG’s Acquisition Of Business Activity From GSK
Romania’s Competition Council is looking into a transaction whereby Sandoz AG seeks to acquire from GlaxoSmithKline (GSK) the sale activity of cephalosporine-based antibiotics.
Pharmaceutical Wholesaler Novoline Revenue Up 30% to RON160M in 2020
Pharmaceutical wholesaler Novoline ended 2020 with some RON160 million revenue, an increase of 30% on 2019.
Mask Maker Coramed Revenue Doubles in 2020
Face mask and other medical products manufacturer Coramed ended 2020 with RON16.6 million revenue, an increase on the RON7.2 million of 2019, Finance Ministry data show.
Antibiotice Iasi Shareholders Approve RON2.22M Dividends From 2020 Profit, At 0.6% Yield
Shareholders of state-run Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, on Wednesday approved the distribution of dividends worth RON2.2 million from the 2020 pr...
PwC: Over A Third Of People Experienced Anxiety Or Depression As A result Of The Pandemic
Feelings of isolation and loneliness, stress and uncertainty have affected people’s health during the pandemic, with 36% of the respondents to a PwC global survey stating that they had exper...
EIB Lends EUR250M to Romania for Iasi Regional Hospital
The European Investment Bank (EIB) will grant a EUR250 million 27-year financing to Romania for a regional 850-bed hospital in Iasi, northeastern Romania.
Provita Group To Invest EUR12M in Iride Park Hospital
Provita Group, one of the leading medical center providers in Romania, founded by dr. Ovidiu Palea, said it will be investing EUR12 million in a multi-disciplinary hospital after signing a 2...
Immofinanz Signs 25-Year Lease in Iride Park in Bucharest
Austria's Immofinanz, one of the largest real estate groups in Central and eastern Europe, said Monday it has concluded a long-term rental contract for roughly 11,000 sqm with the Provita Gr...