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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MedLife Ends 1Q/2022 with RON32M Pro-Forma Net Consolidated Profit and RON431M Turnover 05.13.2022
MedLife, the only private healthcare provider listed on the Bucharest Stock Exchange, reported net consolidated profit of RON32 million for 1Q/2022... more
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Donna Medical Center Ends 1Q/2022 with 15% Higher Turnover vs Year-Earlier Period 05.11.2022
Donna Medical Center, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist specialized in breast imaging, ended the first quarter... more
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Wellborn Set to Open Bucharest Maternity, Third Fertilization Center in Targoviste 05.06.2022
Promed System, which controls two Wellborn hospitals in Bucharest, including in vitro fertilization centers, will open, in June, a maternity with... more
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MedLife Group Finalizes Acquisition Of OncoCard Hospital In Brasov 05.05.2022
MedLife Medical System on Thursday (May 5) announced in a stock market report that it completed the acquisition of OncoCard Hospital in the central... more
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Medicover Fully Acquires Laurus Medical 05.02.2022
Sweden’s Medicover, one of the largest providers of private medical services in Romania, has fully acquired Laurus Medical, a network... more
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Prevent Set to Open New, 1,000-Sqm, Clinic 04.29.2022
Prevent clinic of Alba Iulia, which also owns a unit in Turda, is going to add a new clinic, but the main hurdles are related to the drawn-out... more
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Regina Maria Expects Private Healthcare Market to See Single-Digit Growth in 2022 04.27.2022
Romania’s private healthcare market has been among the most dynamic fields in the past two pandemic years, but inflationary pressures are... more
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Medima Health Sees 2021 Turnover Rise Fivefold from 2020, to RON14M 04.26.2022
Medical operator Medima Health, specialized in medical imaging and radiology, ended 2021 with turnover worth almost RON14 million, significantly... more
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Antibiotice Celebrates 25 Years Since Its Listing On Bucharest Stock Exchange 04.15.2022
Antibiotice (ATB), one of the most important Romanian generic drug producers, celebrates 25 years since its listing on the Bucharest Stock Exchange... more
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Gral Medical Targets EUR50M Turnover In 2022 04.15.2022
Gral Medical Group, held by entrepreneur Robert Serban, plans to open a new oncology hospital in Prahova County, as well as new laboratories, and... more
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Dr Leahu Dental Clinic Network Opens 18th Clinic 04.07.2022
Dental clinic network Dr. Leahu, which has a bond issue listed as DRL22 on the Bucharest Stock Exchange, has announced the opening of its 18th... more
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MedLife Acquires Majority Stake In Iasi-based Pro Life Clinics 04.06.2022
MedLife Medical System, the leader of the private medical services market in Romania, announced in a stock market on Wednesday the acquisition of a... more
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Farmacia Ardealul Ends 2021 with RON76M Turnover, Flat from 2020 04.06.2022
Farmacia Ardealul, one of the strongest regional pharmacy chains, present in Piatra-Neam with 11 units, maintained its 2021 turnover flat from... more
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Zentiva Plants In Romania Produced Over 162 Million Packs Of Medicines In 2021, 13% More YoY 04.05.2022
Zentiva Group, the main producer of generic medicines and the third largest pharmaceutical company in Romania, made 162 million packs of medicines... more
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MedLife Budgets RON1.6B Turnover in 2022, Up 13% YOY 04.05.2022
MedLife group expects turnover to top RON1.6 billion in 2022, up 13.7% from the previous year, in line with the budget published by the healthcare... more
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Sensiblu Gets Antitrust Clearance To Acquire Five Eva Medical Pharmacies 04.04.2022
Romania’s Competition Council on Monday said it approved a transaction whereby pharmacy chain Sensiblu plans to acquire five drugstores belonging... more
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Startup ATLAS Attracts EUR500,000 Investment From eMAG Ventures 03.30.2022
Romanian startup ATLAS, which developed the telemedicine platform atlas.app, has attracted an investment of EUR500,000 from eMAG Ventures, the... more
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Apa Nova Invests Over EUR500,000 To Fit Out Post-Operative Ward At Floreasca Emergency Hospital 03.30.2022
Apa Nova Bucureşti (ANB), the water and sewerage services provider in the capital city Bucharest, has invested EUR500,000 in fitting out a new... more
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Biofarm Seeks 16% Growth in Revenue and 10% Higher Profit in 2022 03.28.2022
Pharmaceutical manufacturer Biofarm (BIO.RO) expects 16% higher revenue compared with RON239 million of 2021, as well as 15% higher EBITDA from... more
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Nova Vita Ends 2021 with EUR6.5M Turnover, Up 15% YOY 03.25.2022
Targu-Mures-based private hospital Nova Vita, one of the largest private hospitals in Romania, with 170 beds, in 2021 posted EUR6.5 million... 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?