"MedLife" To Open The Biggest Private Hospital In Romania

A.B.
Ziarul BURSA #English Section / 17 ianuarie 2007

"MedLife", one of the most important private medical service providers in our country, will open next week the "Life Memorial Hospital", the biggest private hospital in the country.

The company invested approximately 10 million euro in construction and facilities for the "Life Memorial Hospital. At the same time, as far as design and business strategy for the new hospital are concerned, "MedLife" used the services of the International Finance Corporation (IFC), the consultancy and investment division of the World Bank. As of October last year, IFC is a shareholder in "MedLife", holding 20% of the share capital, following the financing agreement for the construction of the first private hospital chain in five cities of the country. The total value of this investment amounts to $25 million.

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