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ZF English

Zentiva to disburse record dividends of 30m euros

Drug producer Zentiva București (SCD) will pay out dividends worth a total of 125 million lei (nearly 30 million euros) from the profits of the last few years, the first amounts that the company is distributing to its shareholders since the 1999 privatisation.

Andrei Chirileasa · 20.03.2011 · 23:54 · 1 min
ZF English

Actavis takes Romanian drugs to Australia and Japan

Actavis drug producer, which owns the former Sindan plant acquired in a deal worth almost 150m euros in 2006, expects exports of 5 or 6m euros to the US market this year, which could become...

Ioana David · 10.06.2010 · 20:20 · 1 min
ZF English

Romastru drug distributor goes to drugstores with its own brands

Romastru Trading, a pharmaceutical distribution and marketing company, is entering the generic drugs market with its own brands, by launching 45 products in several therapeutic areas in 2010...

Ioana David · 06.04.2010 · 16:50 · 1 min
ZF English

State is in no hurry to get money from pharmaceutical sector

The tax on drug makers' sales, applied starting October, should have brought the first revenues into the Health Ministry's account by January 25, but pharmaceutical companies do not know yet...

Ioana David · 25.01.2010 · 17:38 · 2 min
ZF English

Antibiotice Iasi drug manufacturer expects over 25% rise in exports

Antibiotice Iasi producer, one of the leading players on the Romanian drug market, is planning an internal reorganisation of the company next year, as well as an over 25% rise in exports com...

Ioana David · 19.11.2009 · 18:13 · 2 min
ZF English

Farmexim's Ovidiu Buluc expects sales to go up by 15% next year

Businessman Ovidiu Buluc, who Farmexim drug distributor, says next year's budget will rely on a sales increase by over 15% and a 25% rise in operating income from 2009, with the final draft...

Ioana David · 15.10.2009 · 16:34 · 2 min
ZF English · Pharmaceuticals

Romanian brands competing on a 2bn-euro market ruled by importers

Romanian drug producers own 15% of the entire market put at 2bn euros last year, a market ruled by importers.

Ioana David · 19.05.2009 · 15:58 · 2 min
ZF English · Companies

Biofarm's plans: Two offices outside Romania, plant relocation and higher market share

Biofarm, one of Romania's medium-sized drug makers, this year has plans for two projects outside the country, after in 2008 froze its expansion in Ukraine, where it had created a joint ventu...

Ioana David · 27.04.2009 · 16:56 · 2 min
ZF English

Farmexim freezes wages and puts hiring on hold

Farmexim drug distributor, controlled by businessman Ovidiu Buluc, targets 25% turnover growth this year, with the 2009 budget to be revised against a 4 RON/euro exchange rate, from 3.8 RON/...

Ziarul Financiar · 29.01.2009 · 19:07 · 1 min