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Private Health care company to invest 5M EUR in Romania

Private healthcare company Regina Maria will invest this year over EUR 5 million in expanding its network in cities where it is not present, such as Iasi, and estimates a 20 percent increase in turnover to EUR 67 million.

“Last year we strengthened our presence in Bucharest, Cluj, Constanta, we have invested in equipment and opened a clinic in Craiova, as it was an opportunity for us. This year we will expand in other cities where we are not present. For the moment, I can only say is that we signed for Iasi, where we will open a center with integrated services (clinic, laboratory, subscriptions, imagistic) in a 1.200 sqm space in which we will invest EUR 1.4 million. The opening will take place in the second half of the year. We are aiming also other openings,” said on Tuesday Fady Chreih, executive director of Regina Maria, according to Mediafax.

Chreih added that last year the company registered EUR 55 million in turnover and that for the current year Regina Maria aims a 21-22 percent increase in turnover to EUR 67 million.

Regina Maria, a network with 21 clinics, four hospitals, two maternity hospitals, three medical campuses, five imagistic centers, seven laboratories, one stem cells’ bank and over 140 partner clinics across the country, has 275.000 subscriptions, out of which 3.700 with the highest price (EUR 60-65) – Premium Star.

The company has over 3.000 employees, after last year it hired about 300 people. This year, Ragina Maria budgeted an increase in the number of employees of over 300 people, Business Review EU reports.

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