While the private health networks continue to attract foreign investment and acquire local players in order to consolidate their position, the public hospitals receive EU funding and public money for new buildings, development, refurbishment and modernisation.
For example, the Regina Maria network, the second largest player in the Romanian private medical services market, carried out six investments last year, acquiring smaller players in Bucharest, Ploiesti, Craiova, Timisoara etc.
MedLife, the biggest private medical services provider in Romania, recorded a consolidated turnover of EUR 112 million last year, up 29% over the previous year. They also made several acquisitions in the market in order to consolidate their position.
The Romanian public is notably more vigilient towards the state of the public health facilities. They sanction lack of proper conditions on site and report bribery in the medical systems at an unprecedented scale, which is expected to lead to improved conditions both for patients and staff.
Several local public authorities have allocated funds for hospital refurbishment and building new hospitals in 2017. One example is the cityhall of Sibiu (Central Romania), who have allocated over EUR4mil for building a new county hospital this year.
In 2017, the Romanian Health Ministry has been allocated a budget of nearly EUR1.8bn, with almost 6% higher than in 2016. The Government has committed in its program to build eight regional hospitals in the next few years. Also, some EUR1bn - from IBRD and the EU - can be accessed for hospital building and refurbishing till 2020.
FRD Center is closely monitoring the development of the public and private healthcare system in Romania, facilitating access of foreign investors and exporters to the local players in deal orgination and B2B matchmaking projects.
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Are you looking to enter the Romanian healthcare market through the acquisiton of a local player? A Romanian hospital or a private network of health clinics? Perhaps we could collaborate.
Since 2000, FRD Center offers tailor-made market research and intelligence, target / deal origination, B2B matchmaking, background checks on players, M&A consulting services, competitive analysis to foreign companies interested to enter Romania and the emerging markets in Europe as investors or joint-ventures, to acquire a local player, to relocate their operations in CE, SE and Eastern Europe.
For tailor-made sector data, B2B matchmaking with players in the Emerging Markets in Europe, for M&A assistance and deal origination feel free to contact the FRD Center team at: email: email@example.com or tel: +4021 411 1459/60/61