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

Autor: Ioana David

26.09.2010, 23:58 34

Swedish group Medicover, one of the leading players on theprivate medical services market, with 31 million euros in estimatedturnover this year in Romania, plans to invest 70-80 million eurosthis year on the Romanian market in opening private hospitals andclinics over the next few years.
In an interview given to Ziarul Financiar, representatives of theMedicover group say the Swedish group's international developmentis now entering its "Romanian stage", which means Romania will nowbe the target of investments, after the group previously investednearly 200 million euros in Poland and in labs in othercountries.
"Now starts the investment programme targeting Romania. There is alot of activity in the Romanian private medical industry. Manyspend a lot of money to acquire companies, we prefer to buildfacilities," said Fredrik Ragmark, Medicover CEO.
The private medical sector is one of the most dynamic in theeconomy, with the last few months seeing operators battle over theacquisition of companies and over market share, with the Medicoverproject being the biggest one announced on this market so far. Onthe Romanian market, Medicover operates the clinic network underthis name, as well as Synevo labs.

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