He did not specify the total value of the investment, however, nor the targeted locations.
According to Marcu, the local medical service market (including both private and public healthcare services) amounts to EUR5.5 billion. The private medical service market stands at EUR500 million, of which half are payments from the state to private operators.
Last year, the company’s revenue amounted to EUR59 million.
MedLife was set up in 1996 and is the largest private healthcare provider in Romania.
The company has nine major clinics in Bucharest, Timisoara, Brasov and Arad, eight labs, six hospitals in Bucharest, Brasov and Arad, three maternity hospitals, 37 medical centers and six PharmaLife Med pharmacies.