about us | newsletter | contact | archive | members area
Nicolae Ghibu, Certsign
Regulations will come gradually and will cover all areas»

Ropharma estimates 25 percent profit increase this year

Brasov-based pharmaceutical company Ropharma controlled by businessman Mihai Miron estimates 25 percent increase of profit in 2014 to EUR 9 million and 5 percent increase of sales, to EUR 97 million.

2014-04-30 16:10:37

Last year, the company posted sales worth EUR 93 million, while the profit increased with 3 percent and reached EUR 1.6 million. Ropharma runs two production facilities at Targu Mures and Chisinau, producing pharmaceutical and natural supplements sold through pharmaceutical network of 127 units. Ropharma covers 25 counties and Bucharest, according to the company data.

The structure of sales is achieved 71.4 percent in the pharmaceutical network run by the company and 28.6 percent through distributors. For this year, Ropharma has a budget of RON 7.2 million for investments, out of which half will go for pharmaceutical licenses. Also,m the company plans to launch 13 new products during this year.

Ropharma has a market share of 3.3 percent and on the retail segment; it is the fifth largest company in pharmaceutical segment. As distribution, the company ranks on the eighth position. The company has 900 staff. Mihai Miron owns 31.65 percent of the company, controlling them through two companies, Rimia Investments with 14,12 percent and US-registered ADD Pharmaceuticals with 17,53 percent.

Also, the stakeholders of Ropharma also count the pension fund AZT Viitorul Tau-Allianz with 5,87 percent shares and the private investment fund of ING with 4,99 percent.

There are 0 comments:

Validation Code

0 Comments  |  2226 Views
Daily Info
Smart city is not a fad, it's a necessity

In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo...

Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers"

"We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u...

Telekom Romania, a strong supporter of Smart City development in Romania

Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society...

In the industrial era, the fight was for finite material resources. Not anymore

Now organizations fight and develop themselves for and around their talent. In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e...

Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania"

Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p...




More on News
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

1 Comment

Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte

Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace a...


ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.


Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has fi...


The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting w...


Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.


EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction an...