Medicover considers private hospital investment in Bucharest

Medicover, one of the main private medical services operators, intends to start investing in its first hospital on the local market. The hospital would be located in Bucharest, with the investment possibly exceeding 20 million euros. “In Poland, (Medicover’s) first hospital will be completed within a year. The experience acquired in Poland will be transferred relatively quickly to Romania. There is a clear intention, on our part, to build a hospital in Romania and we are now examining the best way to bring this project to life,” Marina Otelea, the new general manager of the company, told ZIARUL FINANCIAR. Medicover operates only private clinics of its own, three of which are in Bucharest, and the others in Cluj, Constanta, Focsani and Iasi. The company also works with a network of partner clinics in the country. Medicover handled investments worth over 1.5 million euros in 2006. “Investments will continue this year, as well, at least at the same level as in 2006, but depending on the demand and mobility of the market, we will react to adapt our investments,” says Marina Otelea. The company closed 2006 with an approximately 8 million-euro turnover, a little higher than the company’s initial estimates.