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%.
The office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]
Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88. The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]
Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]
The winter holidays are, for many of us, that rare time when everything slows down and joy becomes simple again: a beautifully decorated Christmas tree, a glass of fine wine, laughter mingling with the clinking of glasses, and breathtaking views all around. In the world of Ana Hotels, the magic of the season is celebrated […]
Kings’ Valley Medical & Spa Hotel is more than a luxurious retreat — it is a gateway to one of Bulgaria’s most enchanting regions. – The Rose Valley. Nestled in the heart of the country, just a few scenic hours from Bucharest, the hotel offers guests a rare blend of tranquility, wellness, and discovery....
