This is the second year in a row when Ares centers register declining revenues.
Ares’ profit declined 44% in 2019, to RON2.1 million. The company has 32 employees.
Ares operates five medical centers in Bucharest, Constanta and Cluj. The company’s business model entails opening centers within hospitals, either public or private.
Highlander plans to speed up the company’s development and expand throughout Romania.