Centrul Medical Unirea buys Euroclinic from Eureko

Newsroom 20/09/2010 | 08:26

Insurer Eureko reached an agreement to sell Euroclinic Hospital and Euroclinic Medical Centers in Romania to local medical services provider, Centrul Medical Unirea (CMU). The transaction is expected to be finalized by the en of the year.

“After a strategic review of our Romanian non-insurance activities, we decided to sell our healthcare service providers to a buyer willing to advance a mutually-beneficial long-term partnership with our insurance activities in Romania. Eureko, through Eureko Asigurari, remains committed to its health insurance activities in Romania, and will actively continue to further develop its leadership position in this market”, said Thomas van Rijckevorsel, member of Eureko’s executive board and responsible for international operations.

Eureko Asigurari health insurance clients will have access to the medical facilities of the new group. Euroclinic operates a hospital and three medical centers, it has 350 employees and posted a revenue of about EUR 8 million in 2009.

CMU has a local network consisting of 18 clinics, an imaging center and in-patient facilities for surgery and maternity. This March, investment fund Advent International acquired 80 percent of the company.

Simona Bazavan