Health
MedLife Posts 27% Growth in Consolidated Turnover in 2017
MedLife (M.RO), the largest private medical service provider in Romania, on Monday said its consolidated turnover grew 27% on the year in 2017, to RON638 million, and reported a pro-forma op...
New Residential Developments Around Bucharest Trigger Expansion Of Retail Pharmacy Chains
Ilfov (which surrounds Bucharest) is the county with the most applications for establishing retail pharmacies of all rural areas, 21, according to Romania’s Health Ministry statistics.
Penta Investment Confirms A&D Pharma Acquisition
Czech private equity firm Penta Investment has reached an agreement to acquire A&D Pharma, the largest group on Romania’s pharmaceutical market. The deal still requires antitrust clearance.
Retail Pharmacy Chain Catena Expects RON2.9B Revenue In 2017
Retail pharmacy chain Catena, the largest on the local pharmaceutical market, will end 2017 with almost 2.9 billion lei (EUR626.7 million) revenue, up 12% on 2016. It has 670 pharmacies thro...
Penta Investment – A&D Pharma Deal Close To Completion
The deal whereby Czech private equity firm Penta Investment buys A&D Pharma, the largest group on Romania’s pharmaceutical market, is close to completion, as an agreement is due for signing...
Iasi Private Hospital Sf. Sava Revenue Up 7% In 2016
Sf. Sava private hospital in Iasi posted 11.5 million lei (EUR2.5 million) revenue in 2016, up 7% on the previous year, according to the publicly available data on the Finance Ministry websi...
Entrepreneur Mihai Miron Wants To Replicate Brasov Sf. Constantin Hospital Model To Other Cities
Mihai Miron, the entrepreneur who owns pharmaceutical company Ropharma and indirectly owns Sf. Constantin private hospital in Brasov, says demand for private medical service is constantly ri...
Pfizer Romania Expects To End 2017 With 16% Growth In Revenue
Pfizer Romania, the subsidiary of the US pharmaceutical giant and fourth leading actor on the local pharmaceutical market, estimates to end the year with almost 750 million lei (EUR162 milli...
Ambulanta BGS Medical Unit Expects RON40M Revenue In 2017
Ambulanta BGS Medical Unit, the largest private ambulance service provider in Romania, expects to end this year with about 40 million lei (EUR8.63 million) revenue, its officials say.