The funding provided by IFC, the investment arm of the World Bank, and Erste, together with its Romanian unit BCR, will complement the company’s own funds, as the investment program is estimated at EUR52 million.
At the end of the program, MedLife will have 10 hyperclinics, 6 large hospitals, 10 labs and 12 pharmacies. Currently, the company operates 9 hyperclinics, 8 labs, 28 medical centers, 7 specialized centers and 3 hospitals.
The Marcu family controls 51% in MedLife, IFC owns 12.75%, while 36.25% of the company’s shares are owned by SGAM Eastern Europe Fund, managed by Amundi Asset Management, a Credite Agricole/Societe Generale company.