The company expects turnover of EUR72 million for 2013, from EUR63 million a year ago.

Its revenues amounted to EUR53 million in the first nine months of 2013, 16% higher compared with the similar interval a year ago.

MedLife’s test lab network witnessed the most dynamic evolution, with a 33% increase in revenues in the third quarter.

“We will register operating profit of EUR10 million this year and target to increase it to EUR15 million in the upcoming years,” MedLife’s Managing Board chairman Mihai Marcu said.

MedLife has been operating in Romania since 1996 and is the largest private healthcare operator on the local market.

The company has nine major clinics in Bucharest, Timisoara, Brasov and Arad; eight test labs; six hospitals in Bucharest, Brasov and Arad; three maternity hospitals; 28 medical centers, ten specialized medical centers; and seven pharmacies.