“The first half of this year was a time of strategic investment for MedLife, focusing mainly on the private segment,” company president Mihail Marcu said in a news release.
Over the past 12 months, MedLife launched the PharmaLife drug stores, bought the majority stakes in medical centers PDR Brasov and Genesys Medical Clinic Arad, opened a hyperclinic in Titan and the MedLife Pediatrics Hospital.
According to company representatives, the retail segment covered some two thirds of sales in the first half.
On the corporate subscriptions segment, MedLife added 500 new companies to its portfolio, as well as 20,000 subscribers.
In the second half of this year, the company plans to launch two new hospitals, a dermatology center within the MedLife Baneasa hyperclinic, and to add four units to the PharmaLife network.
MedLife competitors include Medicover, Regina Maria, Euromedic, Sanador and Gral.
MedLife is 51% owned by the Marcu family, while private equity fund SGAM Eastern Europe holds 36.52% and the International Finance Corporation holds 12.75%.