Articles 326 - 350 of 403 by " Georgiana Mihalache"
Georgiana Mihalache
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Romanians Spend RON700M On Cold and Flu Medicine A Year
4 feb 2019
Sales of over the counter cold and flu drugs rose by 20% in pharmacies in January, after the authorities announced a national flu epidemic. more
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MedLife Invests Some EUR5M in Hungary
22 ian 2019
MedLife (M.RO), the largest actor on the private medical service market in Romania, will take its first step abroad and is in advanced talks to buy a medical company in Hungary in an about EUR5 more
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2018 in Review: Pharmaceutical Market
20 dec 2018
Pharmaceutical retail made headlines in 2018 with two several hundred million euro deals – the sale of two top companies to international groups. The pharmaceutical market, too, saw a deal, more
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Toy Retailer Jumbo Headed to 1,000 Employees
10 dec 2018
Greek-held toy retailer Jumbo has grown to more than 900 employees in Romania in the first half of 2018, according to publicly available data, as a result of its expansion the past two years. more
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Private Labels Start Gaining Ground In Pharmaceutical Retail
27 nov 2018
Pharmacy chains Catena and Sensiblu, the two largest pharmaceutical retailers in Romania, have introduced private label products in their stores, using the model already implemented by hypermarkets. more
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Medici’s Timisoara Founder Expects 15% Higher Revenue In 2018, Plans Expansion
12 nov 2018
Physician Adrian Badescu, founder of Medici’s clinics in Timisoara, has invested EUR1.5 million to expand and retool the four locations in 2018 and expects this year’s revenue to be 15% higher and more
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Power Of A Nation Is In The People Who Make It Up And Generate Material Things
8 nov 2018
The team is the most important capital of a company and extrapolating that to the country level, people have the power to organize to develop. more
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Franchise Market Develops A Country’s Entrepreneurial Culture
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
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Local IT Industry To Reach 400,000 Employees In 14 Years
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
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Patient Access To Care Can Be Improved By Redistribution Of Funds And Efficient Allocation
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
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Romaqua Group Seeks RON29M State Aid For RON60M Investment
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
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Entrepreneurs, Invest In Your Brand Without Hesitation Or Else You’ll Lose Courage
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
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Pharmaceutical Sales Reach EUR3B In 2017, Double 2008 Level
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
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50 Companies Account For Half Of Romania’s Pharmaceutical Retail Market
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
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Natural Product Retail Chain Vitamix To Expand To 32 Stores
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
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Secom Plans EUR3.3 Million Investments For 2018
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
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Top Five Pharmaceutical Retailers Account For 24% Of Market In Romania
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
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French-Held Eyeglass Lens Maker Essilor Looking At Romania For Manufacturing Investment
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
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Romanian-Owned Panemar Makes RON64M Revenue From Bakery Business
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
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Reckitt Benckiser Revenue Up To EUR100M In Romania In 2017
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
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A Strong Brand Can Double Or Triple Value Of A Company
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
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Top Five Pharmaceutical Wholesalers Post RON12B Revenue In 2017
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
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Terapia Revenue Up To RON671M In 2017
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
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Romanian Pharmaceutical Market Up 9% To Over RON14B In 2017
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
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Timisoreana Beer Brand Sales Reach EUR200M
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