Romanian healthcare operator Regina Maria estimates 30% higher turnover this year

Romanian private healthcare operator Regina Maria estimates a turnover of EUR 90 million this year, up 30% compared to 2015, given that the company has allocated over EUR 15 million to develop its existing operations and has made five acquisitions this year, reports local Ziarul Financiar. “We don’t want to sacrifice for turnover other indicators such as leverage or profitability. We are now at EUR 40 million (debt), and it’s a comfortable degree." In 2017, the company wants to have an organic grow of over 15%, which would prompt it to exceed EUR 110 million. The company’s management is confident about the end of this year. “September-October-November are very good months for us, because many surgeries are performed during this period. We’ve planned for this year an organic advance of 20%, plus the acquisitions,” said Fady Chreih, CEO of Regina Maria. editor@romania-insider.com