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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Medima Health Opens New Clinic In Braila In EUR1.5M Investment yesterday, 18:27
Medical operator Medima Health, specialized in medical imaging and radiology, has opened a medical imaging clinic in Braila following an investment... more
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MedLife Fully Acquires Medicris Oradea Group 06.24.2022
MedLife, the leader of the private medical services market in Romania, announced on Friday (June 24) the acquisition of the full package of shares... more
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Synevo Romania Sees 40% Growth in Revenue to RON447M in 2021 06.23.2022
Synevo Romania, the largest player in the medical laboratory market, posted RON447 million revenue in 2021, up 40% compared with the previous year,... more
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MedLife Micromedica Set to Open EUR1.8M Clinic in Bacau 06.23.2022
Micromedica, set up in 1995 and taken over in 2019 by MedLife, the biggest player on Romania’s private healthcare market, plans to open a clinic... more
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A&D Pharma Leases 35,000 Sqm Warehouse In CTPark Mogosoaia Logistics Project 06.22.2022
CTP Group, the largest owner, developer and manager of industrial and logistics space in Europe, has delivered a built-to-suit warehouse covering... more
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MedLife Buys Medici’s Clinics In Timisoara 06.21.2022
MedLife, the leader of the private medical services market in Romania on Tuesday (June 21) announced the signing of the acquisition for 80% of the... more
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Medisprof Set to Invest EUR2M in New Oncology Center in Piatra Neamt 06.17.2022
Medisprof Cancer Center, a company founded by doctor Carolina Udrea, which owns a hospital in Cluj-Napoca, is set to invest EUR2 million in Piatra... more
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Donna Medical Center Set to Grow Further Organically in Bucharest 06.17.2022
Vlad Teodorescu, managing partner of Donna Medical Center of Bucharest, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist... more
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Cronos Med Appoints Three Medical Experts In Its Advisory Board 06.16.2022
Cronos Med, the leading player on the Romanian medical aesthetics market, together with private equity fund Morphosis Capital, announces the setup... more
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Medima Health Set to See Turnover More Than Triple in 2022 YOY 06.10.2022
Vlad Ardeleanu, CEO of medical operator Medima Health, says the company will see turnover more than triple in 2022 against 2021. This would drive... more
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MedLife Invests EUR2M In New Clinic In Targu-Mures 06.09.2022
MedLife, a major private healthcare provider in Romania, has opened a new clinic in Targu-Mures in the wake of EUR2 million investments. more
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Regina Maria Buys Muntenia Hospital of Arges from SIF Muntenia 06.08.2022
Regina Maria network announced it acquired Muntenia Hospital of Pitesti, founded and managed by SIF Muntenia, in a RON33.6 million deal. more
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Terapia Cluj Buys Uractiv Brand Portfolio From Fiterman Pharma 05.27.2022
Terapia Cluj, a local pharmaceuticals producer held by pharmaceuticals giant Sun Pharma, has acquired the Uractiv product range of the portfolio of... more
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Infomed Fluids 2021 Turnover Up 6% to RON137M YOY 05.23.2022
Drug maker Infomed Fluids, with a production unit in Bucharest, ended 2021 with RON137.7 million, up 6% year-on-year. more
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Medical Recovery Clinics Attract Investments of Tens of Million Euros in Romania 05.23.2022
Local entrepreneurs operating on the market of private healthcare services have bet on medical recovery centers of hospitals as demand for such... more
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Provita Group Posts 15-20% Turnover Growth in 1Q/2022, Expects RON85M in 2022 05.20.2022
While health services related to the pandemic were no longer in demand by patients in the last three months, Centrul Medical Provita posted a... more
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MedLife Solomed Pitesti Aims to Reach EUR3M Turnover in 2022, Up 20% from 2021 05.19.2022
MedLife Solomed Pitesti is likely to reach turnover worth around EUR3 million this year, 20% higher than last year’s, with the main investment... more
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Zentiva Posts RON169M Revenue in Q1 05.18.2022
Zentiva (SCD.RO) the largest pharmaceutical producer with facilities of its own in Romania, ended the first quarter of 2022 with growth of 7% in... more
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Romania Gets EUR368M Loan From EIB To Build Regional Hospital In Craiova 05.18.2022
Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova... more
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Antibiotice Iasi Net Profit Spikes 114% YoY To RON8.6M In 1Q/2022 05.13.2022
Antibiotice Iasi (ATB.RO), the biggest Romanian-held drug maker, reported a net profit net of RON8.6 million for the first three months of 2022, up... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?