The MedLife Medical Group enters the market in the Republic of Moldova through the purchase of the majority package at ALL Clinic, a company that brings together three private, multidisciplinary clinics, in contract with the National Health Insurance House in Moldova. The acquisition from the Republic of Moldova is the second move of the MedLife group across the border, after taking over, in 2019, of the majority package of the Rózsakert Medical Center group. All Clinic was founded in 1999 and integrates 20 medical specialties, including family medicine, ENT, pediatrics, gastroenterology, cardiology, neurology and gynecology. «We are honored to take this step and to join the largest private medical services network in Romania. The procurement announced today is not a simple transaction, but it is also the incorporation of a well -capitalized strategic partner, with a healthy and sustainable approach in which we believe a lot. co-founder all clinic. According to company representatives, All Clinic ended last year with a turnover of 800,000 euros and a two -digit EBITDA margin. «We will use this strategic movement to know a new market and to study the possibilities of scaling the business. We strongly believe that the Republic of Moldova has potential, especially the Chisinau market that has a special potential being, practically, the second Romanian speaker after Bucharest. A development in the Republic of Moldova is a first test on our republic. Many business lines such as clinics, laboratories, hospitals or dentistry, «said Mihai Marcu, president and CEO of the MedLife group. MedLife holds the strongest diagnostic and treatment network in Romania having over 6.5 million patients and over 90 integrated companies. and Nicolae Marcu (10.28%). Medlife announced operational revenues of 1.98 billion lei in the first nine months of 2024, increasing from 1.64 billion from the same period of the previous year, so higher by 21%. In parallel, the net profit increased more than five times, to 20.8 million lei, from 3.8 million lei in the first nine months of 2023.
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