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%.
FIRST, a new Romanian-developed digital real estate platform, launched on the local market with a technology-driven system that, the company says, is designed to help users make faster, more informed property decisions. Available as of this autumn, the platform uses updated data, advanced search filters, and lifestyle-based presentation tools to give buyers and renters clearer […]
Cargus, the first courier company on the Romanian market, is expanding its Ship & Go out-of-home delivery network through a new partnership with Carrefour, adding nearly 450 pick-up and drop-off points inside the retailer’s stores. More than 150 Carrefour hypermarkets, supermarkets, and Express locations will join the network by the end of this year, with […]
Romania’s national railway operator, CFR Călători, will introduce its new 2025–2026 timetable on December 14, adding direct Budapest–Bucharest services and restoring the Vienna Westbahnhof connection as part of a broader update to international and domestic rail operations. The new schedule, valid until December 12, 2026, includes more than 1,150 daily trains. ...
The average price per square meter requested by real estate developers and owners for residential units in Romania increased by 15% in 2025, with the highest rise seen in Craiova, according to a survey conducted by Imobiliare.ro, as reported by Profit.ro. ...
Authorities in Prahova County announced on Monday the full resumption of water supply in all 13 towns and communes that had been left without drinking water for more than a week due to problems at the Paltinu Dam, Bursa.ro reported. Residents, however, have been warned that the water is not yet safe for consumption...
Chances are slim for the Social Democratic Party (PSD) to pull out of the ruling coalition this year, maybe only if something extraordinary happens, according to a leading member of the party consulted by Hotnews.ro. The party is again exploring options after its...
