Oxigen Plus posts 25 percent increase in turnover in Q1

Oxigen Plus, local leader of the assisted home respiration services market, posted an increase of about 25 percent in its turnover to EUR 520,000 in Q1 2010 on the same period of 2009.

The growth is the result of the investments made in opening new laboratories and territorial offices, medical promotion programs and training sales agents.

The company has a 70 percent market share and posted a EUR 1.8 million turnover last

year, an increase of 28 percent on 2008.

In 2010 Oxigen Plus intends to reach a EUR 2.2 million turnover, introduce new home treatment solutions for patients with respiratory diseases and consolidate its market position on the segment.

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“We believe that the assumed objectives are reachable and Oxigen Plus will continue its evolution in the line drawn at the beginning of the year,” said Silvia

Stanescu, general manager of Oxigen Plus.

The company was established in 2004 and is part of Gemisa Investment.

Anda Sebesi