It's time to invest in Romania, Medicover CEO says

Swedish group Medicover, one of the leading players on the private medical services market, with 31 million euros in estimated turnover this year in Romania, plans to invest 70-80 million euros this year on the Romanian market in opening private hospitals and clinics over the next few years.
In an interview given to Ziarul Financiar, representatives of the Medicover group say the Swedish group's international development is now entering its "Romanian stage", which means Romania will now be the target of investments, after the group previously invested nearly 200 million euros in Poland and in labs in other countries.
"Now starts the investment programme targeting Romania. There is a lot of activity in the Romanian private medical industry. Many spend a lot of money to acquire companies, we prefer to build facilities," said Fredrik Ragmark, Medicover CEO.
The private medical sector is one of the most dynamic in the economy, with the last few months seeing operators battle over the acquisition of companies and over market share, with the Medicover project being the biggest one announced on this market so far. On the Romanian market, Medicover operates the clinic network under this name, as well as Synevo labs.