Mihai Miron gains 47m euros on Stock Exchange in four months
The market value of Ropharma Braşov (IAFR) retail pharmacy network, owed by businessman Mihai Miron, has over the past four months climbed by 53m euros on the Stock Exchange, with the company currently valued at 94.1m euros. Thus, the value of the 88% stake in Ropharma Miron owns directly and indirectly has risen by 47m euros.
The drug distributor, which announced it moved to the tier 1 of
the Stock Exchange, has thus become the biggest listed
pharmaceutical company, leaving far behind companies that are
better known on the market, such as Zentiva Bucureşti (SCD), which
has a 77m-euro capitalisation, Antibiotice Iaşi (ATB) or Biofarm
Bucureşti (BIO).
"I've worked in the pharmaceutical industry ever since the fall of
communism and I am a little dissatisfied the pharmaceutical sector,
a star on international stock markets, has had a low profile in our
country. I hope that by listing Ropharma on the first tier of the
Stock Exchange we should stir investors' interest in this field,"
stated Mihai Miron.