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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Competition Council Approves MedLife’s Acquisition Of Centrul Provita
03.24.2023
Romania’s Competition Council on Friday announced it had given the greenlight for the acquisition by MedLife of Centrul de Diagnostic si... more
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Medima Health Plans to Expand Further in 2023
03.24.2023
Medical imaging clinic network Medima Health has reached five units nationwide in the wake of fast expansion and wants to grow further, targeting... more
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Zentiva Appoints And Confirms Simona Cocos As Executive Board Chairwoman
03.22.2023
Zentiva (SCD.RO), one of the largest pharmaceuticals producers in Romania, on Wednesday (March 22) announced in a stock market report that the... more
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Cardiomed Medical Center In Targu Mures Buys From Siemens Healthineers World’s First Photon-Counting CT Scanner
03.15.2023
Cardiomed Medical Center in Targu Mures, specialized in cardiovascular disease diagnosis and treatment, has purchased from Siemens Healthineers the... more
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Regina Maria Buys Nativia Clinic
03.13.2023
Healthcare network Regina Maria, a major player on the private healthcare market, has bought Nativia clinic, founded in 2020 by gynecologist... more
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Sofmedica Ends 2022 with EUR35M Turnover, Expects 20% Growth in 2023
03.10.2023
Medical equipment provider Sofmedica, part of the group of the same name present in Greece, Hungary, Bulgaria and Cyprus, ended 2022 with EUR35... more
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Drug Producers Listed On Bucharest Stock Exchange Report Double-Digit Revenue Growth For 2022 Vs 2021
03.09.2023
The three pharmaceutical companies listed on the Bucharest Stock Exchange - Zentiva, Antibiotice and Biofarm - reported double-digit revenue growth... more
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Zetta Hospital Expects 18% Turnover Growth in 2023
02.24.2023
In 2023, Zetta Hospital, created a decade ago by doctor Dragos Zamfirescu, is set to register 18% turnover growth, crossing the EUR6 million mark,... more
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Sweden’s Medicover Wants to Grow Further in Romania
02.23.2023
Medicover Romania, the third largest player on the local private healthcare market, has further growth plans on the local market after having... more
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tbi bank Teams Up With Regina Maria To Offer Romanians Affordable Healthcare Options
02.20.2023
tbi bank and private healthcare network Regina Maria partner up to offer a guaranteed subscription valid for one year in Regina Maria healthcare... more
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Romanian Consumers Spent EUR1.4B on OTC Drugs in 2022
02.03.2023
Sales of over-the-counter (OTC) drugs reached RON6.7 billion (almost EUR1.4 billion) in 2022, up 23% from the previous year, data from market... more
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SanoPass Partners Up With UPfit.cloud
02.02.2023
Romanian medtech startup SanoPass integrates into the platform it manages a solution through which more than 50,000 users of medical and fitness... more
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Medisprof Set to Start Building Second Oncologic Hospital in Cluj in 2024
02.02.2023
Medisprof Cancer Center, a company founded by doctor Carolina Udrea, which owns a hospital in Cluj Napoca providing services to cancer patients,... more
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Enayati Medical City Reaches EUR35M Turnover in 2022, Expects 50% Growth in 2023
01.31.2023
Enayati Medical City, one of the largest greenfield projects on Romania’s private healthcare market, founded two years ago by doctor Wargha... more
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MedLife Opens Largest Medical Clinic In Deva Following EUR2.7M Investment
01.19.2023
Private medical services operator MedLife (M.RO) continues its expansion plans at national level with the inauguration of the largest medical... more
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Hospital And Medical Center Network Arcadia Expects RON175M Revenue in 2022
01.13.2023
Hospital and medical center network Arcadia, which operates in Moldavia, inaugurated the Medical Rehabilitation Hospital (Spitalul de Recuperare... more
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Private Hospital Nova Vita Ends 2022 with EUR7.7M Turnover, Up 15% YOY
01.11.2023
Nova Vita hospital of Targu-Mures, one of Romania’s largest private hospitals, a business founded by entrepreneur Virgil Mailat, in 2022... more
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Competition Council Greenlights MedLife’s Acquisition of Muntenia Hospital in Pitesti
01.11.2023
MedLife (M.RO) has added another hospital to its portfolio after completing the acquisition of Muntenia Hospital in Pitesti, Arges County, from... more
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Teodor Holhos, Founder of Dr. Holhos Ophthalmology Clinics, Builds 5-Storey Hospital in Alba Iulia
12.23.2022
Teodor Holhos, an ophthalmology surgeon and founder of Dr. Holhos ophthalmology clinics, a network that includes five clinics, is building a... more
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Dent Estet Takes Over Bucharest Clinic DentaLife
12.20.2022
Dent Estet network, part of MedLife group, has taken over stomatology clinic DentaLife of Bucharest, previously part of MedLife portfolio. more

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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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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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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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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.