“The clinic of Progresul has 700 square meters and investments neared half a million euros,” said Cristian Sas, chief executive officer of Anima.
Anima, set up four years ago, now has eight clinics in Bucharest. The majority stakeholder in the company is businessman Ludovic Robert. He is also a stakeholder in A&D Pharma, the largest player of the Romanian pharmaceutical industry. Anima was originally part of A&D Pharma but in 2012 the other three shareholders decided to exit the clinic business.
Anima in 2013 generated EUR5 million in revenue and expects a 30% increase for this year. With these figures, Anima is a medium-sized player in private healthcare in the context where the market leader, MedLife, expects revenue of above EUR80 million in 2014.
“We’re interested in acquiring small players that we can easily integrate,” added Cristian Sas, who specified he’s sealed three such deals so far. He said price for small clinics are quite different and can start from EUR50,000.
Unlike most private healthcare operators present in Bucharest, Anima has not announced any plans to enter the hospital segment so far.
(English version by Catalina Apostoiu)