MedLife reached a turnover of 770 million RON, up by 8.4 percent in the first 9 months

MedLife registered in the first nine months of 2020 a consolidated turnover of 770.8 million RON, increasing by 8.4 percent compared to the same period last year.

The analysis of the financial evolution by quarters, Q2 vs Q3 shows a return at group level, being registered a 47 percent increase in turnover. According to MedLife representatives, the laboratories reached the highest growth, of 85 percent, followed by hospitals, with an increase of 64 percent, but also by the dental line through the DENT ESTET network.

“Despite the pandemic, the flexibility and inventiveness of the management team and the ability to adapt quickly to new services, as well as the mix of medical activities supported in the areas of hospitals, clinics, corporate, pharma and dentistry, led us to a good financial result. and we are pleased to see that our efforts this year translate into both population support and economic performance charts. These results give us an excellent perspective for the difficult period of economic and social recovery after the pandemic. The proactive attitude and the preventive measures taken in advance, helped us a lot to have control over the situation, to protect our patients and staff and to think about the period to come. The figures look good, we are structuring new business plans, we are reactivating the procurement program and last but not least, we are developing new projects related to technology and research,” said Mihai Marcu, President and CEO of MedLife Group.