Tei Group, a major player in the Romanian pharmaceutical retail and Paval Holding, the investment vehicle controlled by Dragosand Adrian Paval - founders of Dedeman DIY stores, announced the conclusion of a partnership under which Pav?l Holding takes over a 30% package of Tei Pharmacy and Bebe Tei. The value of the transaction was not disclosed. Local entrepreneur Roxana Maftei founded Tei Group. Clifford Chance Badea, the local office of global law firm Clifford Chance, advised Grupul Tei, while KPMG Legal advised Paval Holding. "Beyond its financial capacity, Paval Holding will contribute with its experience in the development of a network of physical stores, as well as its expertise in efficient financial management. Through this partnership, the Tei Group aims to move to the next stage of its evolution, benefiting as much as possible from the know-how, scalability, but also from the financial solidity that Pav?l Holding brings," Roxana Maftei said, Wall-street.ro reported. Tei Pharmacy and Bebe Tei are businesses with local capital that have registered a remarkable evolution in recent years. Founded in 1992, Tei Pharmacy specializes in pharmaceutical retail.
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
Romania’s Social Democratic Party (PSD) has de facto frozen all major government reforms until it completes internal consultations on whether to remain in the ruling coalition, with a final decision expected at the end of January 2026. The party’s move is seen as an attempt to strengthen its negotiating position within the ruling coalition (for […]
Romanian president Nicușor Dan has invited prosecutors and judges to a meeting on December 22 to discuss concerns over the functioning of the judiciary, after almost 200 magistrates publicly alleged integrity problems within the system. In a message published on Facebook on December 11, Dan said the situation required urgent attention. “When...
