M&A alert. Fresenius buys dialysis center in Ploiesti city

Newsroom 16/09/2016 | 11:40

Fresenius Nephrocare, the dialysis service operator, owned by the German group Fresenius, acquired this summer the Ploiesti-based Premium Medical Clinic from businessman Virgiliu Grigorescu.

Fresenius Nephrocare Romania has obtained a turnover RON 252.8 million (EUR 56.8 million) in 2015, a growth of 19 percent compared with 2014, and a profit of RON 16.6 million ( EUR 3.75 million), a growth of 72 percent.

It opened the first dialysis centers from Romania in 2005 and has reached a network of 35 units at national level.

The company has acquired several clinics during time, such as Nefromed and Renamed.

The dialysis and hemo-dialysis are entirely discounted by the state. According to the National Agency of Health Insurance, there are 11,824 people receiving dialysis services in Romania. The total budget allocated for dialysis and hemo-dialysis services for this year is estimated at RON 888 million (EUR 199 million).

Georgiana Bendre

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