It said the funding came from its RON10 million bond issue in 2019.
“We wanted to export our business to markets with large potential and the London clinic became our first international investment,” said Ionut Leahu, Dr. Leahu CEO and founder.
The unit consists of four fully equipped dental offices and a dental radiology center and the local team has 12 members, of which six doctors and three nurses.
With a consolidated turnover of over RON50 million in 2019, Dr. Leahu posted 6-7% growth in January-August 2020 as clinics remained open for emergencies during a two-month lockdown in spring.
The dental clinic group plans more openings this year – a clinic in Iasi, in partnership, the completion of the clinic in Cluj and the opening of a clinic in Galati.
In the period 2021-2025 the group plans to open 19 clinics in Romania and abroad, as well as a hospital in Bucharest.
The chain operates 92 clinics and has over 350 employees.