“The first quarter of this year was very good one, there’s some optimism on the market, which we are seeing in our clients, too. The revenue was up 49% on the year-ago quarter (preliminary figures) and a significant contribution came from the Ponderas hospital in which we invested,” Fady Chreih told ZF.
Regina Maria, held by buyout investor Mid Europa Partners, last year bought Ponderas Academic Hospital from physician Catalin Copaescu and invested EUR3 million in expanding it.
Bucharest got most investments, considering the network opened two clinics in the city in the first quarter, one in Piata Victoriei and one in Baba Novac area, with a new clinic to open in Dorobanti in two months.
“We opened clinic in Piata Victoriei, renovated and opened IXIA Medica (which the network bought) in Baba Novac and will open a new clinic in Dorobanti, too, in two months.”
The healthcare provider ended last year with EUR91 million revenue, an increase of about 40% on the 2015 and expects growth of 30% in 2017. The private healthcare network posted growth above the market rate, about four times higher, driven by organic growth and by acquisitions.
(English version by Loredana Fratila-Cristescu)