Health
Romania Suspends Air Traffic to and from Italy to Limit Coronavirus Spreading
Romania's government has decided to shut down all air traffic to and from Italy for two weeks starting Monday in an attempt to limit the spread of the coronavirus, interior minister Marcel V...
Gral Medical Posts EUR35M Turnover in 2109, Targets Acquisitions in 2020
Gral Medical, the sixth largest player on the Romanian private healthcare services market, owned by entrepreneur Robert Serban, posted a turnover of EUR35 million in 2019, up 13% on the year...
Retail Pharmacy Chain Catena Sees Sales Up To EUR1B In 2019
The 800 pharmacy chain Catena, the largest actor on the pharmaceutical retail market in Romania, posted 4.7 billion lei (some EUR1 billion) sales in 2019, 17% higher than in 2018.
Antibiotice Iasi Net Profit Declines 10% in 2019, to RON30.8M
State-owned Antibiotice Iasi (ATB.RO), one of the leading local pharmaceutical manufacturers, said Thursday its net profit declined 10% in 2019, to RON30.8 million, while sales revenue grew...
Antitrust Body Looks into HelpNet Acquisition of Remedia Pharmacies
Romania's antitrust body said Tuesday it was looking into Help Net Farma's acquisition of 63 pharmacies from Farmaceutica Remedia SA.
Ropharma Borrows EUR2M from ING Bank to Refinance Hospital in Brasov
Ropharma (simbol bursier RPH.RO), owned by Mihai Miron, and group companies Ropharma Logistic, Teo Health, Bioef and Aesculap Prod will borrow EUR2 million from ING Bank to refinance an inve...
Farmaceutica Remedia Owner Raises Stake to 80.5% in RON7.16M Transaction
The majority shareholder of Farmaceutica Remedia (RMAH.RO) Valentin-Norbert Tarus, who is also the company's board chairman and general manager, has acquired 15,9 million shares in the compa...
Cluj-Based Ducfarm Pharmacy Chain Sales Up To RON220M In 2019
Ducfarm, a medium-sized local retail chain with 22 pharmacies in three counties, posted 220 million lei (EUR46 million) sales in 2019, 12% higher than in 2018.
Secom Sales Grow 21% in 2019, to EUR25.5M
Secom, a food supplement importer and distributor owned by entrepreneurs Lucia and Andrei Costea, had sales of EUR25.5 million in 2019, up 21% on the year.