Romanian healthcare operator Regina Maria to invest EUR 4 mln in network expansion this year

Romanian private healthcare operator Regina Maria will invest EUR 4 million in network expansion this year and targets an increase of 20 percent in turnover. The company already opened two new clinics this year, in Bucharest and Craiova, and currently runs 21 units across the country. The clinic in Bucharest covers 250 sqm, includes 10 medical specialties and required an investment of some EUR 100,000. The unit in Craiova has a surface of 223 sqm and a team of 20 employees and collaborators. “The official opening of Regina Maria Craiova Clinic, following an investment of EUR 200,000, is another step in strengthening the group’s presence at a national level,” reads a statement of the company. "This year, we want to keep our growth pace, and add EUR 9 million to our turnover, and the first five months show us we're on the right track. For 2014, we estimate a similar market increase as last year, of 10 percent, even if we expect to see new entries of niche players, for example for oncology, said Fady Chreih, executive director of Regina Maria. Last year, Regina Maria's turnover increased by some 20 percent, in line with the company's expectations. The 2013 group turnover was of EUR 46.4 million. Irina Popescu, irina.popescu@romania-insider.com