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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Bucharest’s Royal Hospital Expects 20% Higher Turnover in 2024 09.20.2024
Bucharest’s Royal Hospital, founded by gynecologist Ioan Stoian, with EUR5.8 million turnover last year, expects 20% higher results for 2024 and... more
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Gral Medical Invests EUR7M In OncoFort Ploiesti, The First Oncology Hospital In Prahova County 09.11.2024
Private healthcare services provider Gral Medical, one of the largest on Romania’s market, controlled by Romanian entrepreneur Robert Serban, has... more
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Cegedim: Local Producers Accounted For One Third Of Drugs Sold In Romania In H1 2024 09.04.2024
Local production of medicines covered 29% of drug sales in Romania in the first six months of 2024, an analysis by market research company Cegedim... more
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Zentiva Doubles Net Profit To RON143M In H1 2024 08.30.2024
Pharmaceutical producer Zentiva (SCD.RO), 96% held by Zentiva Prague and thus not much traded on the Bucharest Stock Exchange, doubled its net... more
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Antibiotice Iasi Export Revenue Doubles In H1 2024 Vs H1 2020 08.21.2024
Antibiotice Iasi (ATB.RO), the largest Romanian-held drug producer, posted RON150 million revenue from exports in the first half of 2024, an... more
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Dona Pharmaceutical Group Enters Veterinary Product Market 08.13.2024
Dona pharmaceutical group, which includes drug retail and wholesale operations, is entering the veterinary product market by buying the wholesale... more
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Sanador Invests EUR20M To Expand Bucharest Hospital 08.01.2024
Sanador, a major private healthcare provider in Romania, is expanding via a EUR20 million investment. more
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Pharmacy Chain Remedium Farm Close To RON300M Revenue In 2023 07.25.2024
Remedium Farm, a 32-pharmacy chain in Cluj County, held by pharmacist Viorica Garvea, has increased revenue by 17% to RON294 million in 2023,... more
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CEC Bank Grants RON112M Credit Facility To Medex Vital Serv SRL To Develop Cancer Hospital Project 07.23.2024
CEC Bank has contributed with RON112.6 million credit facility to the development of the Medex Cancer Hospital project, which has been recently... more
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Dorna Medical Opens Radiology Center In Borsa, Maramures 07.23.2024
Dorna Medical, a Romanian business on the private healthcare and lab services market, founded by entrepreneurs Rodica and Roman Boca, has opened a... more
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Orthopedics Medical Center Opens Fourth Clinic In Timis County In Wake Of EUR900,000 Investment 07.19.2024
The Orthopedics Medical Center, based in Romania's western city of Timisoara and held by a family of physicians, will be opening its fourth clinic... more
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Competition Council Makes Recommendations To Enhance Access To Telemedicine Services 07.17.2024
Romania's Competition Council has made several recommendations aimed at enhancing the accessibility of telemedicine services, thereby easing... more
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Foreign Investors Council Unveils Importance Of Financing Romania's Health System 07.17.2024
The Foreign Investors Council (FIC) says health, as the foundation of human capital, is essential for innovation, productivity and, therefore, for... more
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MedLife Continues Expansion Of Mental Health Center Network MindCare 07.16.2024
Private medical service network MedLife continues expansion of its mental health center chain MindCare with a new such facility in Craiova, after... more
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Mediplus Reclaims Top Spot From Fildas On Pharmaceutical Wholesale Market 07.09.2024
Pharmaceutical wholesale in Romania has a new leader by revenue, after Mediplus posted RON6.9 billion revenue in 2023, RON34 million more than the... more
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Zentiva Group, With Two Drug Plants In Bucharest, Aims To Manufacture New Products In Romania 07.05.2024
The most important investment project for pharmaceutical group Zentiva Romania in 2024 is to manufacture at its two plants in Bucharest medical... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.