GE Healthcare: We are happy we did not see declines

Ziarul Financiar 27.10.2009

Radu Gorduza - Lupu, strategic manager for Moldova, Bulgaria and Romania of medical equipment supplier GE Healthcare, says in the first nine months of the year the company's Romanian turnover was the same as that recorded in the similar period of 2008. Gorduza-Lupu says he is happy the company's business has not posted a decline, like the market did. The medical equipment market could amount to 350 million dollars (230 million euros) this year, 24% less than in 2008, according to GE Healthcare, which cites data of research company Espicom. Under the circumstances, annual per capita expenses with medical equipment amount to around 17 dollars. There is little information on the value and the progression of this market, with data presented by companies being revised after a certain time. On the other markets he oversees, Bulgaria and Moldova, Gorduza - Lupu says "things were a bit more balanced", because there were both public and private projects. "What happened in the region and in Europe happened in Romania, as well. The timing may have differed," says Radu Gorduza - Lupu in an interview given to ZF.