Industry | 11 July, 2025 at 2:04 PM
MedLife invests €3 million in gene testing
Romanian private healthcare network MedLife is investing €3 million in genetic testing and will launch a large-scale genetic testing program.
Romanian private healthcare network MedLife is investing €3 million in genetic testing and will launch a large-scale genetic testing program.
Private healthcare services provider MedLife has opened its first fully automated laboratory in Brașov, following an investment exceeding €2 million.
Romanian private healthcare operator MedLife has announced the full acquisition of Cluj-Napoca-based clinics group Medstar.
Romanian private healthcare services provider MedLife has recorded a 20% y/y increase in pro-forma consolidated turnover during Q1 2025.
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.
The annual inflation rate, measured by the Consumer Price Index (CPI), reached 9.8% in October 2025, according to the National Institute of Statistics.
BTa and BPC have completed Romania's first pilot of the EU Digital Identity Wallet (EUDIW) for payments, allowing cardholders to authenticate online purchases with their European Digital ID. The project is part of the EU Digital Wallet Consortium's large-scale pilot funded by the European Commission (EC) to advance the eIDAS 2 regulation, which requires all EU banks to accept EUDIW for KYC and strong customer authentication by 2027.
Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.
Full Season, a German company and a key part of Media Broadcast Satellite (MBS), a leading provider of technical media services, has officially opened its first Bucharest office.
The Simtel Group recorded consolidated operating revenues of RON 326.7 million (€65.6 million) in the first nine months of 2025, marking a 88% increase year-on-year.