“We will complete talks in January. It will be a medium-sized not a giant hospital,” said Liliana Hagicalil, Romar’s general manager.

Romar had previously considered opening a hospital but the project did not materialize.

Romar group posted EUR7.2 million revenue in the first nine months of the year, up almost 10% compared with the same time in 2011. The company expects full-year revenue to reach EUR10 million to EUR12 million.

Liliana Hagicalil says private medical service market was flat this year and the company’s investments went to upgrading existing clinics in 2012. The investment budget was about EUR0.3 million.

(English version by Loredana Fratila-Cristescu)