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.
The countdown is on until the start of the largest local fest, Transilvania International Film Festival on 13 June. Or, as everyone calls it: TIFF. To pass the time and (or) have an alternative, do not miss some of the most entertaining stories of all time courtesy of suspense master Alfred Hitchcock. And check out […]
Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research. Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...
CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...
The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]
Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]
The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]
