The turnover is combined from several companies on which the medical laboratories are registered.
The Bioclinica chain was established in 1992 by entrepreneur Cristinel Gheorghiu in Timisoara (western Romania) and has reached 13 medical laboratories and over 90 blood drawing centers in over 25 counties across Romania, per data on company website. The company currently has some 500 employees, per data analysed by ZF.
The largest company of the group, Bioclinica SA, headquartered in Timisoara, reported a turnover of RON68.6 million in 2019, up 12% on the year, and 286 employees.
Laboratoarele Bioclinica SRL, another company of the group, ended 2019 with a turnover of over RON53 million, up 23% on the year, and 202 employees, per data on confidas.ro.
The shareholders of Laboratoa¬rele Bioclinica are Cristinel Gheorghiu, with a 2% stake, but indirectly controls this company through Bioclinica, where he owns a 30% stake. Bioclinica’s shareholding structure also includes physician Hans Jakob Limbach, aged 72,
Romania has over 2,000 private medical laboratories, and capital city Bucharest accounts for a quarter of units, per a ZF analysis based on the latest data from the country’s statistics institute INS.