INTERVIEW: The unpredictable claw back tax remains a challenge for the pharma market, worth around EUR 2.6 billion last year, while growth hopes rest on the update of the reimbursed drugs list, says Adrian Grecu, GM of Abbott Products Romania »page 6
ROMANIA’S PREMIER BUSINESS WEEKLY
PROPERTY
MARCH 24 - 30, 2014 / VOLUME 18, NUMBER 10
THE EUR 60 MILLION FIRST PHASE OF THE CORESI BRASOV RETAIL PROJECT IS DUE TO BE DELIVERED IN Q1 OF 2015, AND ITS DEVELOPER IMMOCHAN WILL THEN EXPAND INTO RESIDENTIAL »PAGE 10
GAS GAME Romania’s program to hike gas prices by the end of this year could lead to job losses and lighter state coffers. But delaying the IMFbacked deregulation would prove tricky, say experts » page 4
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Private equity and venture capital fund Catalyst Romania has taken over a 23 percent stake in Simartis Telecom, fund officials have announced
Oscar winner The Great Beauty, a poignant portrait of decadent Italian A-listers, will open BIFF. Is it good, bad or ugly? BR’s critic found out
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