2 nov 2018

Development through franchising is the surefire way to grow a business and entrepreneurs must have the courage to invest in a business that matches their skills. more

17 oct 2018

The local IT industry is currently employing 110,000 people, and most of them work in IT outsourcing and support centers that multinationals opened in Romania in the last few years. Over the next 14 more

26 sep 2018

Patient access to care can be improved by redistribution of the money in the system in line with actual needs, but we must also find solutions to make allocation efficient, said the speakers attending more

25 sep 2018

The Romaqua Group, the largest privately-held Romanian beverage industry business and the biggest employer in the sector, has applied for 28.8 million lei (EUR6.2 million) state aid for a total more

21 sep 2018

Romanian entrepreneurs stand out in the competition with the major international companies through the brand they create, but they must be brave and invest in the development of the brand of the more

6 sep 2018

The pharmaceutical market doubled in ten years. Medicine consumption is rising at a rate of 10% a year and pharmacies are everywhere. The government provides EUR1.5 billion subsidies. Romanians bought more

30 aug 2018

The 50 largest companies in Romania’s pharmaceutical retail posted 8 billion lei (EUR1.72 billion) revenue in 2017 and the market is concentrated at the top as a result of the consolidation more

14 aug 2018

Vitamix, a 22 natural product store chain will expand in the Dobrogea region (SE Romania) after having acquired rival stores and grow to 32 locations in 2018, says Zsolt Benedek, shareholder of Adams more

18 iul 2018

The owners of dietary supplements distributor Secom, the Costea family, plan to invest EUR3.3 million in opening new stores and expanding the product portfolio this year. more

17 iul 2018

The number of pharmacies held by the five largest pharmaceutical retailers in Romania tripled in 2006-2017 from 619 to 1,961, ZF has found from the “Cei mai mari jucatori din economie” (Key more

3 iul 2018

French-held Essilor, which has an eyeglass lens distribution subsidiary in Romania, is considering expanding production to Central and Eastern Europe and the top two countries considered are Romania more

2 iul 2018

Entrepreneur Nicolae Chiorean established bread and pastry company Panemar in Cluj in 1993 and took it to 64 million lei (EUR13.7 million) sales in 2017, up 18% year-on-year, and an average number of more

25 iun 2018

UK-held Reckitt Benckiser group, which has been operating in Romania since 2002, posted 455 million lei (almost EUR100 million) revenue in 2017, an increase of 11% on 2016, Finance Ministry data show. more

13 iun 2018

The entrepreneurs who create and develop a powerful brand make a long-term investment and a brand based on a quality product and strategy will help the business grow. more

1 iun 2018

The top five pharmaceutical wholesalers in Romania posted 12 billion lei (EUR2.6 billion) revenue in 2017, flat on the previous year. Two top companies - Mediplus and Europharm, saw a decline in more

30 mai 2018

Pharmaceutical manufacturer Terapia based in Cluj, part of India’s Sun Pharma group, posted 671 million lei (EUR145 million) revenue in 2017, 18% higher than in 2016 and had 867 employees. more

25 mai 2018

The Romanian pharmaceutical market amounted to 14.1 billion lei (EUR3 billion) in 2017, 9% more than in 2016, when the market stood at almost RON13 billion, data from market research company Cegedim more

15 mai 2018

Timisoreana, a beer brand with an over 300-year history, posted EUR200 million sales in 2017. Its market share stands at 15% of the beer market, which increased by 2%, while consumption stood at 82 more

26 apr 2018

Dr. Max pharmaceutical group, held by Czech Republic’s Penta Investments, has added 613 pharmacies to its network once the takeover of the A&D Pharma group has been completed. This will take the more

17 apr 2018

Swiss-held chemical group Clariant is investing more than EUR100 million in the plant it is building in Podari, a rural town about 10 kilometers from Craiova, Dolj County in southern Romania. more

12 apr 2018

Romania’s pharmaceutical exports stood at EUR771 million in 2017, 5% higher than in 2016, ZF has found from the preliminary data supplied by the National Statistics Institute. more

4 apr 2018

Swiss-held Clariant chemical group has bought a 10-hectare plot in the rural town of Podari, near Craiova, which previously accommodated the vegetable oil plant Olpo (closed by Cargill) and a sugar more

3 apr 2018

There are resources for new investment projects, there are opportunities in Romania, but the development pace must become faster, solutions must be found to offset the shortage of labor in some areas more

29 mar 2018

Help Net, the retail pharmacy chain of businessman Ovidiu Buluc, ended 2017 with EUR128 million revenue, an increase of about 8% on 2016, according to ZF’s calculations. The number of pharmacies in more

22 mar 2018

Synevo Romania, the lab network of the Swedish-held private medical service provider Medicover, posted EUR46 million revenue in 2017, an increase of 18% on 2016, after having expanded the number of more