Private healthcare services network MedLife reported a pro-forma consolidated turnover of 222.1 million euros in H1 2023, up 27 percent year-over-year, of which 12 percent from organic growth.According to a company release, all the group's business lines saw robust growth between January - June 2023, with clinics recording the best performance (+41 percent), followed by hospitals (+36 percent), the corporate division (+13 percent), dental clinics (+11 percent), and laboratories (+9 percent).In terms of profitability, the group's EBITDA margin dropped slightly from 15.8 percent in H1 2022 to 15.2 percent in H1 2023, but the Q2 vs. Q1 seasonal decrease was less pronounced in 2023 compared to the previous year.As far as the outlooks for the next period are concerned, MedLife focuses on strengthening its leading position by continuing organic projects with an emphasis on expanding the hospital network in Bucharest, by continuing work on the MedLife Park project and by opening new facilities in the region of Oltenia and in the western part of the country.Currently, MedLife Group owns the largest network of private medical services in Romania, with around 700 own and partner locations nationwide. More than 6 million single patients have so far used the group's own units' prevention, wellness, treatment and hospitalization services, and more than 800,000 employees benefit from subscription medical services.MedLife SA shares are being traded on the regulated spot market administered by the Bucharest Stock Exchange, Premium category.
Delphi Economic Forum, one of Europe’s leading platforms for strategic dialogue and regional cooperation, expands its international presence in 2025 by launching its first-ever edition in Bucharest, on November 18, at the National Museum of Art of Romania. This event will unite key decision-makers from the realms of politics, business, academia, and civil society, at […]
REDPORT, one of the most dynamic local real estate developers, announces the official inauguration of the VITALITY EST showroom. The event also marks the start of construction work on the residential project located near Pantelimon Park and Lake. “I believe in investments that leave lasting value behind, and VITALITY EST is a project driven by […]
Enexus, the swift integrated EPC service provider specializing in rapid execution of medium and large-scale photovoltaic projects with storage capacity (BESS), announces the signing of the contract for the development of the Titu 1 Project—a photovoltaic power plant with an installed capacity of 20 MWp and a 20 MVA transformer station, located in the city […]
International marriage proposals are truly exciting, even more so in a country as rich in romance and history as Romania. One of the most important things you can do is plan ahead! There are several logistics involved in planning the perfect marriage proposal in Romania. Learn more about navigating this labyrinth of logistics, legalities, and […]
BraveX.Aero, a deep-tech startup based in Cluj-Napoca, northwestern Romania, is rapidly expanding its production of long-range fixed-wing industrial drones with the goal of becoming a leading European manufacturer by 2030. Currently, the company produces over 70 drones annually but plans to increase this capacity sevenfold, targeting an output of 500 units per year by 2028. […]
After engaging thousands of visitors at festivals and museum exhibitions, the “I CAN” installations — the creative visual expression of Every Can Counts in Romania — continue their journey. From July 15 to 30, they will be on display in five City Grill Group restaurants across Bucharest: Pescăruș, City Grill Primăverii, Buongiorno.Italian Victoriei, Hanu’ lui […]
