Biofarm, one of the biggest producers of drugs and food supplements in Romania, had an increase of the net profit of 22%, 36.4 million lei, while the net income from sales achieved in the first part of the year increased by 14%, 117.98 million lei. In Q1, the share of export sales was approximately 2.1% of the total net sales of Biofarm. The company products were exported to five countries: the Republic of Moldova, Hungary, Russia, Ukraine and Azerbaijan. For 2021, Biofarm SA proposes to increase the market share, to increase the efficiency of the operational activity and to consolidate the competitive advantage of the products portfolio, with a view to increasing the profit quota. As such, the pharma market has a positive evolution, described as increasing competition, massive investment in the media and the existence on the market of international producers of OTC and food supplements. Biofarm was set up in 1990 and it is one of the biggest producers of drugs and food supplements in Romania. It is the biggest Romanian producer of soft capsules, among the first three Romanian producers of solutions and suspensions for oral administration and one of the biggest producers of pills in Romania. The company has over 200 products in its portfolio and covers over 60 therapy areas. For nine out of the 60 therapy areas, Biofarm is the market leader. Biofarm has a capitalisation of 605 million lei. SIF Muntenia owns 51.57% of the shares, and SIF Banat Crisana 36.74%.
Romanian-born actor Sebastian Stan has been nominated in the category of "Best Actor in a Leading Role" for his performance in the film The Apprentice at the 2025 BAFTA Awards. Stan portrays Donald Trump in The Apprentice, focusing on the early years Trump spent in New York. The film depicts a young Trump as an emotional […]
Romanian authorities in coordination with the European Commission participated on Wednesday, January 15, in the urgent medical evacuation operation of 12 Palestinian patients from the Gaza Strip, along with 35 family members. Those evacuated are severely affected by the lack of access to adequate medical treatment. The operation was carried out with the involvement of […]
Romania’s state railway operator CFR Călători will receive 12 new electric trains, which will connect Bucharest with the largest cities in the country’s eastern counties. The trains, part of a contract with the Railway Reform Authority, or ARF, will connect Bucharest North station to Suceava, Iași, Galați, as well as Iași to Cluj-Napoca. According to […]
In a decision adopted in its Thursday meeting, the Romanian government approved May 4, 2025, as the new date for the first round of the presidential elections. The second round should thus be held on May 18, as agreed by the ruling coalition leaders last week. "Two government decisions and an emergency ordinance have been […]
Most of the excavation for the first tunnel built on a highway in Romania has been completed, and traffic could potentially be opened by the end of this year between Tigveni and Bucharest, a section of the Sibiu-Pitești highway. Romanian state officials noted construction work at Section 4 (Tigveni - Curtea de Argeș) of the […]
The European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
