Dr. Reddy's Romania sees usd 6 million in incomes last year

Last year, the Romanian representative office of pharmaceutical company Dr. Reddy's saw an 87 percent increase in sales, of up to USD 6 million. For this year, the company estimates a 50 percent increase in sales. Dr. Reddy's ... More


Ranbaxy, Lupin interested in taking over Terapia

Indian companies Ranbaxy and Lupin Laboratories are short listed for the acquisition of Terapia Cluj-Napoca, according to India¢s Financial Express, which quotes sources in the pharmaceuticals industry. According to the source, ... More


Sensiblu Estimates Cosmetics Sales To EUR 20 Million

For this year, Sensiblu estimates that the cosmetics sales will exceed EUR 20 million, after signing a distribution partners with fie of the most important Boots brands. The company will invest EUR 1.3 million in this project. ... More


Panfarm started the process of privatization

Factory of medicines «Panfarm» from Krusevac started the process of privatization, announced deputy director Olivera Colic. According to her words to a tender for privatization advisor applied 5 candidates, and the best ... More


EUR 28 Million Sales For Sarantis Romania

Sarantis Romania saw EUR 28.7 million in sales last year, more than 21 percent more than in 2004. The company sells cosmetics and house care products. In July 2001, the company signed a joint venture with Estee Lauder. The total ... More


Hemofarm’s January drug output jumps 57% year-on-year

Vrsac-based drug maker Hemofarm boosted its January output 57% against the same period a year ago, Pregled reported yesterday. The company, whose 2005 production and exports rose 16.3% and 43.6% year-on-year respectively, has ... More


Antibiotice Iasi To Be Privatized

The Authority for State Assets Capitalization (AVAS) will privatize pharmaceuticals producer Antibiotice Iasi. According to the company's general manager, Ioan Nan, its market value is of some EUR 130 million, 37-38 percent ... More


Zentiva Sells EUR 20 Million Plot

Pharmaceutical company Zentiva sold a 30 hectares plot for EUR 20 million, a price estimated by market sources, based on an average price of EUR 60 per sqm, to Avrig 35, the developer of the Charles de Gaulle Plaza. The plot is ... More


Gigi Cosmetics, Newcomer on Cosmetics Market

A new cosmetics company announced that it will initiate operations on the Romanian market. Gigi Cosmetics will sell in Romania its main products that have made a world success: the Eye Care line, which includes six products for ... More


Zentiva Bucharest Sees EUR 50 Million In Turnover Last Year

Pharmaceutical producer Zentiva Bucharest estimated EUR 53.1 million in turnover for last year, 10 percent more than in 2004. However, the company's net profit decreased by 14.5 percent, down to EUR 4.5 million. Czech company ... More


GlaxoSmithKline acquires Croatian R&D unit for $50 million

GlaxoSmithKline has agreed to pay up to $50 million to purchase the R&D arm of the Croation pharmaceutical company, Pliva. AdvertisementZeljko Covic, chief executive officer of Pliva, said that the divestment of its Research ... More


Health & Beauty Chain Watson Opens Store in Slovenia

The health and beauty chain Watson entered the Slovenian market on Monday, 6 February by opening a store in the northeastern town of Zalec. The company intends to open 15 more shops in Pivka, Ljubljana and Maribor by the end ... More


GLAXOSMITHKLINE to buy PLIVA's Research Institute in Zagreb

As reported by HINA a leading Croatian pharmaceutical company Pliva has decided to sell its research institute in Zagreb to the GlaxoSmithKline concern, and the transaction can reach 50 million US dollars, the Croatian company ... More


New pharmaceutical plant opened in Montenegro

Company Novit Pharm from Podgorica has opened today a pharmaceutical plant, where it shall produce all seven antibiotic types most frequently used in antibacterial protection, which would make this plant unique in the world, the ... More


Egis Romania Sees USD 4 Million IN Sales In The Last Quarter Of 2005

Pharmaceuticals producer Egis Romania saw USD 4 million sales in the October-December, 2005 interval, 13 percent more than in the same interval in 2004. According to market survey company Cegedim, Egis was on the 16th place on ... More


Walmark Romania Sees EUR 8.9 Million In Turnover For 2005

Walmark Romania, the Romanian representative office of Czech company Walmark saw EUR 8.9 million in turnover for 2005, an increase of over 50 percent compared to the previous year. The annual funds assigned by the company to ... More


EUR 22 Million Turnover For Ozone Laboratories In 2005

Ozone Laboratories doubled their turnover for three years in a row, reaching over EUR 22 million in 2005. This year, the company plans to reach the same goal - EUR 50 million in turnover. Last year, more than half of the Ozone ... More


Hoffmann La Roche Increases Business in Romania by 30%

The pharmaceutical company Roche Romania in 2005 posted a turnover higher by about 30 percent than the previous year, when its sales amounted too 62.9 million euros, ACT Media news agency reports. Roche Romania had posted ... More


Mediplus Invests EUR 700,000 Million In Timisoara Warehouse

Mediplus, medicine distribution division of A&D Pharma, invested EUR 700,000 million in a warehouse in Timisoara. This investment is part of a EUR 5 million program started in 2004. The 5,600 sqm warehouse will supply products to ... More


Sopharma profits up to 34 mln levs in '05

As reported by Dnevnic Bulgarian drug maker Sopharma profit up to 34 mln levs in '05 Bulgarian pharmaceuticals company Sopharma said net profit reached 34.32 mln levs in 2005, up 71% over the previous year, According to ... More