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 Nexus Gaming team, which represented Romania at the IESF World Esports Championship, defeated Portugal’s team in the final to become world Counter Strike 2 champions. The Romanian team is composed of experienced players Ciocardau, Xellow, BTN, Ragga, and Adron. During the IESF WEC24 championship, they defeated some of the strongest teams, many of which […]
Well-known American actor John Malkovich, who was on stage last week at the National Theatre in Timișoara, visited the city’s first official souvenir shop on Friday, November 15. The visit was announced by Timișoara mayor Dominic Fritz. "Even Hollywood has come to the new souvenir shop. We’re delighted that John Malkovich found high-quality mementos from […]
The CONFIDEX H2 2024 study shows a relatively stable year without major events that could significantly impact Romania’s economy, but leaves room for growing concern regarding the future. According to the study, supported by private equity funds ROCA, AGISTA, and CITR, the leader in Romania’s insolvency and restructuring market, only 29% of managers report optimism […]
Romanian president Klaus Iohannis was on a visit to Berlin from November 15 to 18 to signal the strong ties between Romania and Germany with a speech in the German Bundestag. He also met German chancellor Olaf Scholz and president Frank-Walter Steinmeier. During his speech, the Romanian president said that the friendship between the two […]
In a rapidly digitalizing world, companies face numerous challenges in managing documents and data efficiently. Andrei Negulescu, Strategic Digitalisation Manager at Matricia Solutions, shares unique insights into how his firm helps businesses navigate the complex journey of digital transformation. In today’s world, every business talks about digital transformation, but few know how to make it […]
The Bucharest National Airports Company, which operates the two main airports of the capital, wants to purchase 450 benches for passengers in the boarding gate area of the Henri Coandă International Airport, better known as the Otopeni Airport. According to the announcement, CNAB will purchase 250 three-seat benches and 200 four-seat benches. The contract is […]
