Medicover expands in Pitesti by acquiring medical center Doctor Luca

Medicover, the private healthcare operator from Romania, has entered on the Pitesti market by acquiring the medical center Doctor Luca, which had a turnover of EUR 1.5 million last year. The center was acquired from Telemedical Incorporated, registered in USA, which owned 59.5 percent from ghe capital and from the doctor Augustin-Bujor Batis, according to profit.ro.

The general director of Medicover Romania, Adrian Peake, announced last year that the operator has acquisitions plans for this year with a special budget from the owner, the Medicover group.

Doctor Luca was founded in 1999 and owns a polyclinc at Pitesti, an analysis laboratory and a recovery and prevention center. It had a turnover in 2015 higher by 9 percent than in 2014 and losses of RON 332,000.

Medicover aims to double the turnover in the next two years to EUR 100 million. The Medicover group registered in 2015 a turnover of 13 percent higher compared with 2014 up to RON 252 million.

This year the company has relocated and expanded the clinics from Ploiesti and Brasov and has opened a new clinic in Cluj and entered the market from Galati.

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Currently, Medicover has a network of 18 clinics in Bucharest, Timisoara, Cluj-Napoca, Iasi, Ploiesti, Brasov, Galati and a generalist hospital in Bucharest.

Georgiana Bendre