Pharmaceutical Retail Doubled to More Than RON20B in Ten Years
12.14.2020
Romanians spent more than 20 billion lei in pharmacies last year, as their medicine and food supplement purchases rose by 8% in 2019 year on year, Trade Register data show.
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MedLife Posts 246% Growth in Net Profit in 2020, to RON62M 02.26.2021
MedLife Group (M.RO), the leader of the private medical services market in Romania, on Friday reported a net profit of RON62 million for 2020, up... more
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Antibiotice Iasi Net Profit Drops 16% in 2002, to RON25M 02.25.2021
Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, on Thursday reported a 16% drop in net profit in 2002, to RON25 million. more
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Dermo-Cosmetics Sales in Romania Down 2.7% in 2020, to RON261.9M 02.17.2021
Romanians bought RON261.9 million (EUR54.1 million) worth of dermo-cosmetics at retail prices in 2020, down 2.7% compared with 2019, a market... more
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Gral Medical Expands to Western Romania, Acquires Labordiagostica Lab in Timisoara 02.17.2021
Private healthcare operator Gral Medical, the fifth largest on its market by turnover, has acquired the Labordiagostica medical laboratory in... more
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Retail Pharmacy Chain Help Net Sales Up 25% to EUR209M in 2020 02.17.2021
Help Net, the third leading pharmaceutical retailer by number of pharmacies in Romania, posted EUR209 million (some RON1 billion) sales in 2020,... more
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Medicover Revenues in Romania Grow 7.5% in 2020, to EUR128M 02.15.2021
Swedish-held private medical service provider Medicover, present in Romania through Medicover clinics and the Synevo laboratory division, on Monday... more
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Financial Regulator Registers MedLife Share Capital Increase 02.12.2021
Romania's financial supervisory authority has registered the securities related to the share capital increase of MedLife (M.RO), the leader of the... more
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Romanian Pharmaceutical Market Grows 1.3% in 2020, to RON18B 02.12.2021
The pharmaceutical market in Romania grew 1.3% in 2020, to RON18 billion (EUR3.7 billion), while medication sales in volume stood 625 million... more
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Keysfin: Romania Private Medical Services Market Up 18% YoY To Nearly RON14B In 2019 02.11.2021
Romania’s private medical services market reported an increase of 18% in turnover on the year to nearly RON14 billion in 2019, and a surge of... more
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Pharmacy Chain Tinos Farm Sees 25% Growth in Revenue in 2020 02.10.2021
Local pharmacy chain Tinos Farm will open two more pharmacies in the first half of 2021 to add to the 18 it already has in Bucharest and Ilfov,... more
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Medicover Romania Appoints Florinela Cirstina as General Manager 01.08.2021
Medicover Romania, the third largest private medical service providers in the country, has appointed dr. Florinela Cirstina as general manager,... more
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MedLife Acquires CED Pharma Pharmacy Chain 12.24.2020
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has acquired 100% in CED Pharma group of... more
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Dent Estet Acquires Majority Stake in KronDent Brasov 12.21.2020
Dental clinic chain Dent Estet, the largest player on the local dental services market, part of MedLife Group, has acquired the majority stake in... more
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MedLife Acquires Majority Stake in Wholesaler Pharmachem 12.17.2020
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has signed the acquisition of 75% in... more
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C&W Echinox Advised eMAG on DEKRA Trusted Facility Audit and Certification 12.15.2020
Real estate consulting company Cushman & Wakefield Echinox advised online retailer eMAG on the DEKRA Trusted Facility audit and certification... more
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Gral Medical Expects 14% Growth in Revenue to EUR40M in 2020 12.10.2020
Private healthcare operator Gral Medical, the fifth largest on its market by sales, posted more than EUR33 million revenue in the first ten months... more
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`Made in Romania’ Drugs Account for Only 8% of Market by Value 11.30.2020
Romania has the lowest market share for its locally produced drugs in Central and Eastern Europe, as the „made in Romania” products only... more
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Fildas Leases Warehouse in VGP Project in Brasov 11.27.2020
Fildas, a medicine wholesaler founded by entrepreneur Anca Vlad, has leased a 3,400 sqm warehouse and 400 sqm of office space in the logistics... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
