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 National Company Bucharest Airports (CNAB) has launched a tender for the design of a new terminal at Henri Coandă Airport, Bucharest’s main one, with the estimated project value reaching nearly EUR 40 million. According to the announcement quoted by Agerpres, this is the largest and most complex...
US singer-songwriter Jennifer Lopez will perform in Romania this year as part of her “Up All Night Live” world tour. The concert will take place on July 27, according to News.ro, but the location is yet to be announced. Lopez, 55, published a video on YouTube promoting the concerts. “To all my international JLovers, I’ll...
Romanian filmmaker Corneliu Porumboiu will shoot his first film in more than six years in French and in France, where he now lives. The writer-director told Variety more about the new film at Visions du Réel, a film festival in Nyon, Switzerland, which held a retrospective of his films. The project is currently in the […]
Funky Buddha, the flagship brand of Greek group Altex S.A., is entering the Romanian market with the opening of its first standalone store in Bucharest’s ParkLake Shopping Center. The new location, set to open in mid-April, marks the brand’s physical retail debut in the country after previously being available through a local multibrand store. The […]
The Danube Delta, in Tulcea County, has won the Grand Prize at the “Destination of the Year 2025” Gala, one of the most important competitions for tourist destinations in Romania. The win was decided after a public vote expressed online, amassing hundreds of thousands of votes, and on the vote of a jury composed of […]
North Bucharest Investments – NBI, a leader in premium real estate consultancy, has launched its rental division – NBI Rentals, which has a portfolio of over 400 apartments and houses. NBI Rentals has a team of over 20 consultants, experienced in property management and in creating effective relationships between owners and tenants, a team that […]
