MedLife, the largest private medical services operator in Romania, joins ARIR

10/11/2020 / Comments Off on MedLife, the largest private medical services operator in Romania, joins ARIR

News

The Romanian Investor Relations Association (ARIR) is delighted to anounce that MedLife (BVB: M) becomes Associate Member of ARIR. MedLife Medical System is the largest private medical services operator in Romania, with over 26 years of experience in the field, offering an integrated portfolio: ambulatory, hospital, laboratory testing services, pharmacy, medical imaging, corporate subscriptions.

Mihai Marcu, President and CEO MedLife Group

”For 26 years, MedLife has been constantly growing by adding new medical services and developing a network of clinics, laboratories and hospitals, becoming the largest operator across the country in terms of coverage. We will continue to invest in healthcare and to provide to each patient professional medical services at the highest standards. We promote the same high standards in the relation with our investors. Performance in communication, the adoption of the best corporate governance practices and transparency are assets through which MedLife aims to remain attractive for the investors. The association with ARIR comes to strengthen our goal to become every day better.”

Daniela Șerban, ARIR President & Co-Founder:
”ARIR becomes the most important capital market community, with 26 members and relevant projects for the development of the local capital market. We are proud by the association with MedLife, the only private medical services provider listed on the Bucharest Stock Exchange, the third player from the healthcare industry to partner with ARIR. The constant interest of our members is to implement best practices in the communication with investors, a clear proof of the development of the capital market ecosystem.”

MedLife Group operates the largest network of clinics and comprisis 49 companies founded by doctors. It currently operates in 351 medical units – 200 collection points, 56 clinics, 34 laboratories, 22 hyperclinics, 10 hospitals, 12 dental centers, 12 pharmacies, 4 maternity hospitals and 1 stem cell bank. In terms of sales, it is also one of the largest private healthcare companies in Central and Eastern Europe.
Since its establishment, the company has developed constantly, with two moments being highlighted by the achievements they brought: 2011, the year with the most investments, when MedLlife acquired and launched 8 medical units, and 2017, when it completed one of the largest transactions in the medical field in Romania – Polisano.

ARIR members have access to exclusive content for the implementation of best practices in Investor Relations and Corporate Governance, and trainings tailored to their needs and IR objectives, participate at projects aimed to develop the capital market. In ARIR are invited to join: as Associate Members – listed companies, pre-IPO or bond issuers, as Affiliate Members – other companies than the listed ones, pre-IPO or bond issuers, and as Professional Members – individuals with experience in investor relations.

ARIR was founded at the initiative of Daniela Șerban in November 2018 together with the founding members: Bucharest Stock Exchange (BVB), ALRO, Electromagnetica, Franklin Templeton Management – Bucharest office, Hidroelectrica, Nuclearelectrica, Teraplast, Transelectrica, Cosmin Răduță and Tony Romani. Electrica, OMV Petrom, Antibiotice, Purcari, Idea Bank, BRK Financial Group, Banca Transilvania, Transgaz and Biofarm joined the community as Associate Members. INNOVA Project Consulting, ENVISIA, RTPR, Intercapital Invest and eVote became Affiliate Members.