Health
Regina Maria Invests EUR600,000 in Third Clinic in Brasov
Regina Maria, the second largest player on the Romanian private medical services market, has opened its third medical center in Brasov, central Romania, following an investment of over EUR60...
Antibiotice Iasi to Double Production of Creams and Ointments by 2020
Pharmaceutical producer Antibiotice Iasi’s investment in its new topical product (such as creams, lotions and ointments) plant will amount to EUR20 million and will be completed by the end o...
Private Labels Start Gaining Ground In Pharmaceutical Retail
Pharmacy chains Catena and Sensiblu, the two largest pharmaceutical retailers in Romania, have introduced private label products in their stores, using the model already implemented by hyper...
Medici’s Timisoara Founder Expects 15% Higher Revenue In 2018, Plans Expansion
Physician Adrian Badescu, founder of Medici’s clinics in Timisoara, has invested EUR1.5 million to expand and retool the four locations in 2018 and expects this year’s revenue to be 15% high...
MedLife Posts 33% Growth in Net Profit in Jan-Sept, to RON12.7M
MedLife, the leading private healthcare provider in Romania, on Thursday reported a turnover of RON579.3 million for the first nine months, up 26.2% on the year, and a net profit of RON12.7...
MedLife Gets EUR10M Syndicated Loan for Further Expansion
MedLife, the leading private healthcare provider in Romania, said Friday it has signed a syndicated credit facility for refinancing its existing facilities, extending the maturity of the loa...
Medicover Romania Revenue Up 20% In January-September 2018, To EUR66M
Swedish-held private medical service provider Medicover, present in Romania with medical division Medicover and medical laboratory division Synevo, reported 20% higher revenue, of EUR66 mill...
Medicover Completes Acquisition of Phoenix Medical Center in SW Romania
Private healthcare services provider Medicover announced Tuesday it has completed the acquisition of the eight-unit Phoenix Medical Center in the southwestern region of Romania.
Sanador Opens Oncology Center In Bucharest In EUR20M Investment
Sanador, one of the largest players on the Romanian private medical services market, has completed an investment of nearly EUR20 million in an oncology center inaugurated Thursday (October 1...