During the first six months of 2020, the business was impacted by the period of lockdown restrictions imposed by Romanian authorities, against the backdrop of the COVID-19 pandemic.
By services segments, revenue from implantology services reached RON11.2 million in the first half of 2020, down 9.8% on the year, and revenue from general stomatology services stood at RON4.7 million, up 13.6% on the year.
For 2020, the Group expects revenue of RON48.2 million and plans to open new clinics, respectively, a clinic in Iasi, in partnership, the completion of the clinic in Cluj and the opening of a clinic in Galati.
The company also seeks to open a unit in the UK, as part of its strategy to expand its activity outside Romania.
Investments in 19 clinics, in Romania and abroad, and a hospital for maxillofacial interventions in capital Bucharest, are envisaged for the 2021-2025 period.
Dr. Leahu chain currently comprises 92 units located in the cities of Bucharest, Pitesti, Timisoara, Turda, Constanta, Oradea and Iasi, employing more than 350 people.
In 2019, Dr. Leahu chain had a combined turnover of RON50.2 million, up 72% on the year, per data available on the website of the Bucharest Stock Exchange.