Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. MedLife supplements syndicated loan with EUR 50 mln,...

MedLife supplements syndicated loan with EUR 50 mln, to EUR 268.3 mln: “Keeping a cautious approach, the new funds will be used mainly for new acquisitions”

March 19, 2024
  • After dozens of acquisitions and organic projects at national level, as well as unprecedented investments in medical technology, MedLife announces a period of consolidation and streamlining of activity, with an emphasis on a gradual increase in margins, simultaneously with a medium-term improvement of the debt/ebitda.
  • In the long term, MedLife will continue its strategy of expansion and acquisitions, the new funds accessed being a reserve in this sense....
The text of this article has been partially taken from the publication:
https://www.romania-insider.com/medlife-supplements-syndicated-loan-consolidation
Read in full - click here
WWF launches pollinator-friendly planting campaign in Bucharest

WWF Romania has launched a series of planting initiatives in Bucharest aimed at supporting declining pollinator species, joining forces with local environmental groups to transform urban green spaces into habitats for bees, butterflies, and other beneficial insects. The first intervention took place on November 1 in the 400 sqm garden of the Museum of Maps, […]

Management of Romania’s steel plant Liberty Galați under investigation for tax evasion, embezzlement

Romanian prosecutors conducted searches on Friday, November 7, at the headquarters of the steel mill Liberty Galați and in several counties, in a case of embezzlement and tax evasion that includes Russian gas giant Gazprom, Economedia.ro reported. Specifically,...

Defense minister says Romania is testing Merops anti-drone system

Romania has begun testing the US-supplied Merops anti-drone system as part of wider NATO efforts to strengthen air defenses on the alliance’s eastern flank, defense minister Ionuț Moșteanu told local news channel Digi24. The system, already used in...

Ministry of Development comes up with plan for small towns far from metropolitan areas in Romania

The Ministry of Development proposed to the government to analyse the opportunity to develop an investment program dedicated to the economic recovery of small towns with a population of under 25,000 in non-metropolitan areas. The financial support for the development of these towns has been so far fragmented, and competition with large cities for funds proved […]

Romanian PM confident in local administration reforms and magistrates' pensions law

Prime minister Ilie Bolojan said on November 6 that he hopes that the ruling coalition will manage to legislate by the end of this month the rest of the second package of budgetary measures, namely the public administration streamlining law and the law on magistrates' pensions. Unless the law on the public administration is legislated, […]

Makita to relocate production operations from China to Romania

Japanese group Makita announced that it will reduce production of power tools in China for the US market due to the unpredictability of US tariffs and move this production to factories in Romania and Thailand, according to Nikkei Asia, as reported by Economica.net.  The Japanese group reported business of almost EUR 640 million locally...