MSD names new Managing Director in Romania and Moldova

Business Forum
MSD has appointed Conor Dempsey as Managing Director for Romania and Moldova operations. He succeeds Marcelo Pascual Morales, who was appointed Associate Vice President & Executive Officer of MSD Japan.

Dempsey brings over 15 years of experience within MSD, having held leadership positions in Ireland, Croatia and Slovenia, as well as serving as a member of the regional leadership team in Southeast Europe.

"Romania is at an important moment of evolution in healthcare, with notable progress in essential areas such as oncology and with significant opportunities to continue this journey, including through prevention initiatives such as the most generous HPV vaccination programme in Europe," said Dempsey.

His priorities will include consolidating MSD's leadership in oncology and vaccines, developing the cardio-metabolic therapeutic area and supporting access to innovation, in a context where healthcare systems need sustainable, predictable and results-oriented solutions.

RECOMMENDED
Europes next growth corridor is emerging in the East
Real estate

Europe's next growth corridor is emerging in the East

For decades, investment activity in Central and Eastern Europe has been concentrated around a handful of established markets and capital cities. Yet some of the most significant economic shifts taking place today are happening further east, along a corridor connecting Romania, Moldova and Ukraine.

MedLife reaches €1 billion market cap at BVB
Industry

MedLife reaches €1 billion market cap at BVB

Romanian private healthcare network MedLife has reached a market capitalisation of €1 billion at the Bucharest Stock Exchange (BVB), around nine years after the company went public.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.