MedLife Opens EUR800,000 Hyper-Clinic In Galati

MedLife, Romania’s largest private medical services provider, opened a hyper-clinic in Galati, eastern Romania, its tenth in Romania, following a EUR800,000 investment.

The new clinic includes 16 medical offices occupying 1,000 square meters and offers imagery, lab testing, examinations and full investigations for over 20 medical specialties.

MedLife’s regional development program, whereby the healthcare provider plans to reach towns with over 250,000 inhabitants, includes three more hyper-clinic openings this year. One will be open in Iasi in May, and two others will follow in Constanta and Cluj-Napoca by the end of the year.

The company has been operating the Romanian private healthcare market since 1996 and has outpatient treatment units, hospitals, maternities, laboratories, and pharmacies.

MedLife had a turnover of EUR72 million and an operating profit of EUR10 million in 2013. It is owned by the Marcu family- 51%, private fund SGAM Eastern Europe, owned by a subsidiary of Societe Generale- 36.25%, and the International Finance Corporation (IFC), the lending arm of the World Bank, – 12.75%.

By Oana Gavrila