13% higher Q1 sales for Medicover

The Romanian branch of the Swedish healthcare service company Medicover posted 1.9 million euro revenues in the first quarter this year, up 13% from the same time last year. Sales of subscriptions totalled 600,000 euros for the same period, up 57% since the first three months of 2002, according to the quarterly report of the parent company. Prepaid membership rose to 12,500 people. “We are beginning to see a healthy inflow of regular local and international corporate customers, which is an important sign for the attractiveness of our product,” the report shows. Out of the five CEE countries where Medicover operates through branches, Poland was the top performer in Q1 contributing more than 50% to the group’s turnover. Romania was second top performer in Q1, followed by Hungary, Czech Republic and Estonia. Medicover Group’s total revenues reached 8.9 million euros in Q1, 2003 compared with 8.8 million euros in the same time last year. ZF