MedLife’s clinics had a turnover of RON173 million, its corporate subscription-based medical services posted RON148 million, its hospitals had a turnover of RON121 million, and its laboratories had a turnover of RON118 million.
In 2017, MedLife finalized the takeover of Almina Trading, Anima, and the Humanitas hospitals. It also bought Polisano’s hospital and clinics, a deal pending antitrust clearance.
“If the deal is approved by the Competition Council, we will reach a total of 35 companies in the MedLife group and 6,300 employees and collaborators in Romania,” said CEO Mihai Marcu.
Besides acquisitions, MedLife opened a new hyperclinic and a lab in Brasov, as well as its first large clinic in Braila.
In 2018, the company seeks to maintain its speedy development rate and targets 20% growth in turnover. Besides greenfield investments and acquisitions, MedLife plans to buy six more MRI machines, to reach 12 MRI machines in Romania, and to expand to neighboring Bulgaria, Hungary, or Serbia, said Marcu.