Since the start of 2014, MedLife has opened two new clinics, in Iasi and Galati, following investments of some EUR2 million. The company also plans to open a unit in Cluj-Napoca (northwestern Romania).
In February, Medlife announced investments of EUR4 million in four new clinics and a turnover exceeding the EUR80 million mark.
The company has been operating the Romanian private healthcare market since 1996 and has outpatient treatment units, hospitals, maternities, laboratories, and pharmacies.
In 2013, MedLife reported a turnover of EUR72 million and an operating profit of EUR10 million.
Its shareholders include the Marcu family with 51%, private fund SGAM Eastern Europe, owned by a subsidiary of Societe Generale (36.25%), and the International Finance Corporation (IFC), the lending arm of the World Bank (12.75%).