Romanian private healthcare group MedLife has announced an increase in its syndicated credit facility by €50 million, bringing the total to €330 million.
Romanian private healthcare player MedLife is extending its reach by acquiring a majority stake in All Clinic, a healthcare group in the Republic of Moldova.
Romanian private healthcare group Medlife has started on Tuesday a share buyback program that was approved by shareholders in late 2024.
According to the current shareholder structure, MedLife holds the majority stake - 60% - and Mihai Pavel, the group's founder, holds 40%.
In H2 2024, MedLife recorded consolidated pro forma revenue of RON 1.3 billion, up 24% compared to H1 2023, likely to exceed half a €500 million in revenue this year.
The new partnership will accelerate MedLife Group's development in the use of the latest genetic sequencing methodologies and technologies in routine diagnostics.
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Carrefour Romania has announced the appointment of Anne-Sophie Bauwens as its new CFO and Member of the Executive Committee.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.
Vista Bank Romania has agreed to take over the loan portfolio of Eurobank's former subsidiary in Romania Bancpost.