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 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
