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 National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
