NATO secretary general Mark Rutte will make his first official visit to Romania on Wednesday, November 5, where he will be received by president Nicușor Dan at the Cotroceni Palace, the Romanian Presidency announced. The announcement comes after
The Competition Council sanctioned five pharmaceutical companies supplying immunoglobulins and other human plasma-derived drugs, as well as the representative association of the Plasma Protein Therapeutics Association (PPTA) (Belgium) with fines worth a total of 353.4 million lei (approximately 71 million euros).According to a press release sent on last Tuesday, the sanctioned companies are: Baxalta Gmbh, Switzerland - 109 million lei; CSL Behring Gmbh, Germany - 76.8 million lei; Biotest AG, Germany - 25.5 million lei; Kedrion Spa, Italy -16.1 million lei; Octapharma AG, Switzerland - 125.1 million lei; PPTA, Belgium: 375,521 lei.Following the investigations, launched in 2018, the competition authority found that, in the period 2015-2018, the five companies adopted a coordinated strategy, which aimed at limiting and even interrupting the supply to the Romanian market with immunoglobulins, in order to exert pressure on the authorities to suspend the clawback tax for medicines derived from human blood or human plasma. This way, the companies aimed to create a commercial advantage, namely the improvement of profit margins.The PPTA facilitated these anti-competitive practices and contributed through its own actions to the achievement of the common goal, thereby going beyond the scope of specific activities at the level of an association in order to influence the legislative process.Lack of access to immunoglobulins, as essential medicines for the treatment of multiple serious illnesses, has endangered the lives of patients and led authorities to take crisis measures to provide patients with the necessary medicines, by accessing the European Civil Protection Mechanism, which indicates, by default, the magnitude of the gravity of the situation generated on the national market.The decision of the Competition Authority, which will be published in a non-confidential manner on the institution's Website, can be appealed to the Bucharest Court of Appeal.
NATO secretary general Mark Rutte will make his first official visit to Romania on Wednesday, November 5, where he will be received by president Nicușor Dan at the Cotroceni Palace, the Romanian Presidency announced. The announcement comes after
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announced the acquisition of a 65% majority stake in Sibiu-based engineering company Gess Engineering. Gess Engineering develops and implements complex vehicle testing, validation, and integration solutions. The company provides end-to-end services, from engineering and design, prototype testing, and performance analysis, […]
eMAG, the largest online retailer in Romania, set its 15th edition of Black Friday on November 7. The company estimates sales this year at RON 940 million (EUR 184.7 million), RON 44 million more than the previous year. Overall, customers will have to choose from 100,000 televisions, 600,000 small household appliances, 1.5 million clothing items, […]
The Alliance for the Union of Romanians, or AUR, announced during a meeting on Monday, November 3, that it supports former TV presenter Anca Alexandrescu for the position of mayor of Bucharest. The elections will be held on December 7. The leadership of AUR decided unanimously to support Anca Alexandrescu, although she is not a […]
A former Royal Navy minehunter has arrived at the Port of Constanța on Monday, November 3, to join the Romanian Naval Forces, following a 41-day journey from the United Kingdom that covered more than 4,200 nautical miles. The vessel, now named M271 “Căpitan Constantin Dumitrescu,” is the second minehunter delivered to Romania under a government-to-government […]
Romania has formally signed an intergovernmental agreement to acquire 18 F-16 fighter jets from the Netherlands, the Ministry of Defense announced on Monday, November 3. The aircraft, already stationed at the Fetești Air Base as part of the European F-16 Training Center (EFTC), will now become the property of the Romanian state and will be […]