This is the second consecutive decline for Medsana on the Romanian market.
Last year, the pandemic closed down private clinics and hospitals for two months, with these operating just for medical emergencies.
In terms of profit, though, 2020 was a better year than the previous one, with the company posting 70% growth, to RON170,000. However, compared with other medical services players, the profit margin is a smaller one, of below 1%.
Medsana also saw its number of employees drop, to 86.
Medsana entered the Romanian market in 1996, when it opened the medical centre of Cotroceni.
The local private medical services market is estimated at RON7 billion a year and is dominated by MedLife, Regina Maria and Medicover.
(English version by Catalina Apostoiu)