MedLife Medical System, the leader of the Romanian private medical services market, announces the acquisition of 100% share capital of Life Med. The company will be integrated under Sfanta Maria network, part of MedLife Group. Life Med is one of the largest private providers of outpatient medical services under contract with NHIH, covering 24 specialties: allergology and immunology, cardiology, general surgery, dermatovenerology, diabetes and nutrition, vascular ultrasound, endocrinology, gastroenterology, gynecology, family medicine, internal medicine, neurology, ophthalmology, ENT, orthopedics, pneumology, psychiatry, psychology, medical recovery, rheumatology and urology. Life Med offers comprehensive diagnostic and treatment services from consultations, clinical investigations to laboratory tests for over 130,000 patients annually. With over 17 years of experience on the private medical services market, Life Med has managed to develop 2 clinics in Bucharest: Timpuri Noi Clinic and Militari Clinic, with its own medical analysis laboratories. The turnover registered in 2021 was of RON 9.2 million, increasing by 8% compared to 2020 (RON 8.6 million). “As already announced, in 2022 the development of Sfanta Maria network will be boosted, the second brand part of MedLife Group with a focus on patients who mainly want to access medical services under contract with NHIH. This is a first step towards consolidation, through the acquisition of Life Med, a clinic with complete diagnostic services and top treatments that, in synergy with Sfanta Maria, will come to the aid of patients”, said Mihai Marcu, President and CEO of MedLife Group. Sfanta Maria network was launched 5 years ago and has become one of the most important national health networks. It operates on the medical services market with 50 own medical units, which resulted from acquisition projects and organic developments, as follows: 12 clinics in Bucharest, Bacau, Galati, Magurele and Sibiu, 10 laboratories in Bucharest, Braila, Bacau, Galati and Sibiu, as well as over 25 sampling points. At the same time, Sfanta Maria is among the operators with the largest own family medicine network. The full acquisition of Life Med is the 37th acquisition to date finalized by MedLife Group.
The first self-service mobile phone repair shop in Romania opened in the city of Iasi, aimed at promoting sustainability and the right of users to maintain their own devices in safe and efficient conditions. The initiative aims to promote the right to repair, following European Directive 2024/1799, to support the tech community and DIY repair […]
Ukrainian refugees living in Cluj County, central Romania, have restored a playground in the suburb of Florești as a sign of gratitude for the support offered by Romanians after the start of the war in Ukraine. According to representatives of the Association of Ukrainian Youth in Romania (or ATUR), this project was entirely funded and […]
The Brașov Jazz & Blues Festival returns for its 13th edition from August 14 to 17, transforming the city into a multi-stage celebration of jazz, blues, gospel, and live improvisation. This year's edition will take place in seven locations across Brașov and nearby areas, featuring live music, film screenings, jam sessions, and family-friendly activities. The […]
Affinity Life Care, the largest private network of residential centers for the elderly in Romania, announced the attraction of a growth equity investment from BlackPeak Capital, a private equity fund active in Southeastern Europe. At the moment, Affinity operates three centers in the most important areas of the Romanian capital, with a capacity of over […]
Tensions have emerged within Romania's ruling coalition following disagreements over the state funerals of former president Ion Iliescu. The Social Democratic Party (PSD) announced on Wednesday, August 6, that it would suspend participation in coalition meetings, citing what it described as "public incitement to hatred" from the Save Romania Union (USR). The dispute centers on […]
When you’re craving something out of the ordinary, Boromir’s collection of Slowly Leavened Croissants with Natural Sourdough is here to transform your snacking experience. We’ve turned your search for a unique, memorable flavor into a delightful range of croissants where every bite is a surprise. With their irresistible combination of textures and flavors, Boromir Croissants […]
