Generic Drug Producers Want Clawback Tax Suspended Immediately
05.16.2012
The Association of Romanian Producers of Generic Drugs (APMGR) has called for the immediate suspension of the clawback tax and for discussions to find a viable solution, in the interest of patients and the economy.
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Cegedim: Romanian Medicine Market Climbed 21% In Jan-March today, 13:19
The Romanian medicine market increased to 2.93 billion lei (EUR659.5 million) in the first three months of the year, up 21.6% compared with the... more
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Romania's Spending On Healthcare Is Lowest In EU, Study Finds yesterday, 18:19
Romania spends less on healthcare as a share of the GDP than any other EU state – 5.6% in 2009, compared with the EU average of 9.9%, and 3.7% in... more
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Romania Might Introduce Tax On Fast Food, Beer - Health Minister yesterday, 12:21
Romania’s new healthcare law might introduce a tax on fast food and beer, Health Minister Vasile Cepoi said Thursday, adding that unhealthy foods... more
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Ropharma Net Profit Falls To RON1.5M 05.15.2012
Romanian generic drugs wholesaler Ropharma Braşov (RPH.RO) Tuesday said its net profit fell to 1.5 million lei (EUR0.34 million) in the first... more
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Zentiva Romania 1Q Net Profit Falls 57% On Higher Costs 05.15.2012
Pharmaceuticals company Zentiva Romania (SCD.RO) Tuesday said its net profit dropped 57% to 8.3 million lei (EUR1.9 million) in the first quarter,... more
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MedLife Opens EUR500,000 Thyroid Center In Arad 05.15.2012
Romanian private healthcare provider MedLife opened Tuesday the first thyroid pathology center within its MedLife Genesys hospital in Arad, western... more
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Antibiotice 1Q Net Profit Inches Down 2.2% To RON13M 05.15.2012
Romanian drugmaker Antibiotice Iasi (ATB.RO) Tuesday reported a net profit of 12.97 million lei (EUR2.9 million) for the first quarter, down 2.2%... more
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Biofarm 1Q Net Profit Up 8% To RON8.2M 05.14.2012
Romanian drugmaker Biofarm (BIO.RO) Monday said its net profit rose 8.1% to 8.2 million lei (EUR1.85 million) in the first quarter, as costs... more
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MSD Romania Appoints Almin Adzovic As Managing Director 05.14.2012
Pharmaceutical company Merck Sharp&Dohme (MSD) Romania has appointed Almin Adzovic as managing director starting this month, replacing Steve Warner. more
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Top Ten Pharmaceutical Wholesalers Post Revenue Of EUR2.5B In 2011 05.11.2012
Pharmaceutical product wholesalers saw their business grow in 2011, so that the top ten companies on the Romanian market posted almost EUR2.5... more
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First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down 05.11.2012
The start of the year came with different signals from the main sectors of Romania's economy, so a clear trend cannot be outlined for the first... more
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Gedeon Richter 1Q Sales In Romania Up 3.6% to EUR34.3M
05.10.2012
Hungarian drug maker Gedeon Richter said Thursday its Romanian sales climbed 3.6% in the first quarter of 2012 to EUR34.3 million, from EUR33.1... more
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Ropharma Owner Set To Boost Production To 10% Of Turnover 05.08.2012
Businessman Mihai Miron, who controls pharmaceutical company Ropharma, says he plans to have production growth outstrip total turnover growth this... more
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Parliament Committees Endorse Vasile Cepoi For Health Minister
05.07.2012
Romania's joint Parliament committees on Monday unanimously endorsed Vasile Cepoi for the office of Minister of Health. more
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Lucian Duta Steps Down As Head Of Health Insurance House 05.07.2012
Lucian Duta has announced Monday he is resigning from the position of president of Romania’s National Health Insurance House (CNAS). more
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Siemens Romania Turnover Exceeded EUR500M In Last Three Years 05.03.2012
German group Siemens' turnover on the Romanian market exceeded EUR500 million in the last three years from its operations in industry, energy,... more
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Sensiblu Buys 90 City Pharma Pharmacies 05.03.2012
Romanian pharmacy chain Sensiblu, the retail division of pharmaceutical group A&D Pharma, will buy 90 City Pharma pharmacies owned by the Relad group. more
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Farmaceutica Remedia Posts RON54M Turnover In 1Q 2012
05.02.2012
Romanian drug distributor Farmaceutica Remedia Deva (RMAH.RO) posted turnover of 54 million lei (EUR12.4 million) in the first quarter of 2012, up... more
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Antibiotice Vetoes Capital Hike, Pays Dividend Instead 04.27.2012
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Friday rejected a proposal to increase its share capital by 17.2 million lei (EUR3.93... more
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Zentiva Romania Expects Higher 2012 Sales, Profit 04.26.2012
Romanian pharmaceuticals company Zentiva Romania (SCD.RO) expects sales of 255 million lei (EUR58 million) in 2012, up 8.5% on the year, and a 3%... more
Romanian carmaker Dacia said Thursday it will launch two new car models, five-seat car Dokker and commercial vehicle Dokker VAN, in the
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Agricultural seeds producer KWS, a company with EUR0.9 billion in revenues from worldwide operations, has already run out of the corn
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Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in
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The Muntmarks were among the first people to set their eyes on the wind power three years before Romania became a EU member and now one
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Romania fell one notch to fourth place in a ranking of the most attractive destinations for private equity funds in Central and Eastern
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Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared
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Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good
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Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in
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Spanish developer Heliotech and its Romanian partner Solar Systems will develop a solar power project worth over EUR55 million in
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Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the
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ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return
Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy of Bruno Ribo, the new chief executive of the ArcelorMittal steel plant in Galati, Romania.
