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Mediplus And Sensiblu Sales Down In First Half
Health

Mediplus And Sensiblu Sales Down In First Half

Pharmacy chain Sensiblu, the second leading pharmaceutical retailer in Romania, posted a 14% decline in sales in the first half to 703 million lei (EUR153 million) and Mediplus, the leader o...

Loredana Frățilă-Cristescu · 08.11.2017 · 00:00 · 1 min
MedLife Posts RON9.55M Net Profit in Jan-Sept
Companies

MedLife Posts RON9.55M Net Profit in Jan-Sept

MedLife, the largest private medical service provider in Romania, posted a net profit of RON9.55 million in the first nine months, from RON43,138 in the same period last year.

Oana Gavrila · 06.11.2017 · 10:04 · 1 min
Generics Makers Say Rising Clawback Tax Drives Local Industry Out of Business
Health

Generics Makers Say Rising Clawback Tax Drives Local Industry Out of Business

Thousands of generic medicines will vanish from the Romanian market as the clawback increased 25% in the third quarter and will drive the local pharmaceutical industry out of business, the R...

Oana Gavrila · 02.11.2017 · 15:36 · 1 min
Tinos Pharmacy Chain Revenue Up 11% To RON26M In 2016
Health

Tinos Pharmacy Chain Revenue Up 11% To RON26M In 2016

Pharmaceutical retail chain Tinos, a Bucharest-based family business established 23 years ago, posted almost 26 million lei (EUR6 million) revenue in 2016, up 11% on 2015. The chain has 15 p...

Loredana Frățilă-Cristescu · 01.11.2017 · 00:00 · 1 min
Romanian Pharmacy Chain Dona Gets EUR10M EBRD Loan for Expansion
Banks-Insurance

Romanian Pharmacy Chain Dona Gets EUR10M EBRD Loan for Expansion

The European Bank for Reconstruction and Development (EBRD) is providing an EUR10 million loan to Calihory Group, one of Romania’s leading retailers and suppliers of pharmaceuticals, to fina...

Oana Gavrila · 25.10.2017 · 14:27 · 1 min
Farmexpert: We’ll Decide On Investments Based On Market Developments
Health

Farmexpert: We’ll Decide On Investments Based On Market Developments

Farmexpert, the second leading pharmaceutical wholesaler in Romania by revenue, held by Walgreens Boots Alliance, saw an increase in revenue by 10% in the financial year that started August...

Loredana Frățilă-Cristescu · 19.10.2017 · 09:55 · 1 min
MedLife In Final Talks To Buy Polisano Clinic Network And Hospital
Health

MedLife In Final Talks To Buy Polisano Clinic Network And Hospital

MedLife, the largest private medical service provider in Romania, is in final talks to buy the Polisano clinic network and hospital.

Loredana Frățilă-Cristescu · 19.10.2017 · 00:00 · 1 min
Romania’s Biggest Private Hospitals Operate In Bucharest And Iasi
Health

Romania’s Biggest Private Hospitals Operate In Bucharest And Iasi

The top three private hospitals by number of beds in Romania have 883 beds together and Bucharest has six hospitals among the top 20, a Health Ministry ranking provided at the request of ZF...

Loredana Frățilă-Cristescu · 13.10.2017 · 09:46 · 1 min
Czech Investment Group In Talks To Buy A&D Pharma
Health

Czech Investment Group In Talks To Buy A&D Pharma

Czech Republic-based investment group Penta Investments has started talks for the acquisition of the largest pharmaceutical group in Romania, A&D Pharma, market sources say.

Loredana Frățilă-Cristescu · 12.10.2017 · 06:00 · 1 min