Medlife, the private medical service market leader in Romania, announced that it increases its stock participation in two companies, Genesys and Almina. “Thus, Medlife increases by 10% its package of shares in Genesys company, one of the biggest medical private service operator in the western part of Romania, now holding a package of 83%,” the group announces. Genesys has been part of Medlife System since 2011, when representatives announced the takeover of the 55% package. Medlife also announces the takeover of a package of shares of 10% in Almina company, reaching a participation share of 90%. In 2017, Medlife purchased an 80% package of Almina Trading, a company with 8 medical centers and two labs, in Dambovita and Ilfov counties. Additional packages of shares of Genesys and Almina groups were obtained by Medlife following an exchange with its own Medlife shares bought back according to the decision of the extraordinary shareholders' meeting of September 29, 2021.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
