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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
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Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
