“2016 had a very promising start. We started a new investment program following the contracting of the EUR56 million loan and we announced another two new transactions. We are in advanced talks with 3-4 large operators, and, if we close the transactions, we believe we will touch a new historical record, namely an overall group turnover of EUR130-150 million,” said MedLife Executive Board Chairman, Mihai Marcu.
MedLife also continues to consolidate its position at national level by Greenfield projects, planning to open two new clinics in the second half of the year in Brasov and Ploiesti, thus reaching 35 big medical centers countrywide.
Beside investments in clinics, MedLife also plans to invest in the expansion of Life Memorial Hospital, the largest hospital of the group.
In the next 12 months, Medlife also targets to have own units in Sibiu, Alba Iulia, Oradea, Suceava and Bacau, planning majority stake acquisitions and collaborations with local entrepreneurs.
MedLife has been operating on the Romanian market since 1996 and currently has 16 clinics, 23 laboratories, ten hospitals, 32 GP medical centers, 14 centers of excellence, eight PharmaLife Med drugstores and partnerships with 140 medical clinics across the country.