The company has now switched to ‘development mode’ after having worked on consolidating its business last year, he added.
“We are looking at small players to integrate. We are very interested and I have been working on this project for several months.”
Anima network includes six clinics, all of which in Bucharest, and posted EUR3.3 million revenue in 2012. They were part of A&D Pharma, the largest local pharmaceutical group at first, held by four businessmen.
Three of them (Walid Abboud, Roger Akoury and Michel Eid) decided to exit the business last year. Ludovic Robert, the fourth shareholder, is now the majority owner of the clinic network.
Robert Popescu, CEO of A&D Pharma said last year that A&D Pharma’s decision to exit this business was based on its too small growth potential compared with the rest of the operations. A&D Pharma currently comprises wholesaler Mediplus, retail pharmacy chain Sensiblu and a marketing & sales unit, with consolidated revenue of more than EUR800 million.
Last year’s results put Anima among the top 50 companies in the private healthcare industry, according to Trade Registry data. The two clinics it is to open are located in Militari and Drumul Taberei (two districts in the west side of Bucharest). Sas says he chose the two districts because most of the other chains chose the city center and northern area.
ZF data show the two districts are served by a MedLife clinic, a Regina Maria clinic and a Polisano clinic.
Anima clinic network started three and a half years ago. Sas says the company is seeing growth at a rate of 6% to 10% every month.
“We expect more than EUR6 million revenue in 2013. Our development and expansion budget stands at no more than EUR1 million for the next twelve months.”
The private medical service market is estimated at EUR500 million to EUR600 million a year and the 50 largest companies in the business generate 70% of this figure. The top companies in the industry are MedLife, Regina Maria, Medicover, Sanador, Gral and others.
(English version by Loredana Fratila-Cristescu)