MedLife and IFC convene to strengthen 20-year alliance, aiming to enhance Romania's healthcare System
On Friday, April 5th, at the main office of MedLife, the largest private medical service network in Romania, a meeting took place between Mihai Marcu, CEO and Chairman of the MedLife Group and Makhtar Diop, General Manager of International…
On Friday, April 5th, at the main office of MedLife, the largest private medical service network in Romania, a meeting took place between Mihai Marcu, CEO and Chairman of the MedLife Group and Makhtar Diop, General Manager of International Finance Corporation (IFC), advisory and investment division of the World Bank Group.
The meeting marked an important moment in the history of the collaboration between the two organisations and reiterated the mutual engagement for the consolidation of the strategic partnership between MedLife Group and IFC.
Two decades of solid collaboration, MedLife and IFC have worked together to bring innovation and significant improvements in the Romanian medical sector. All this time, for MedLife, this partnership was synonymous with healthy and strategic investments that contributed to the sustainable investment of the largest private medical unit network in the country.
”We wish to express our gratitude towards IFC for this solid partnership of two decades and for joining us in opening our first hospital, listing our company at the stock market and until today, a support which has had a significant contribution in propelling us as a leader of private medical services in Romania. All this time, we managed to build the largest private medical network in the country and to increase access to quality medical services at national level. We will continue in the same direction, our patients' needs represent the basis of our growth and development strategy”, declared Mihai Marcu, CEO and MedLife Chairman.
The IFC delegation visited the MedLife Hyperclinic and highlighted the impact of the collaboration between the two organisations on providing access to high quality medical care in Romania.
On his X account (ex Twitter), Makhtar Diop, Managing Director of IFC wrote that he was pleased to witness the impressive transformation of MedLife from a small clinic to the largest private healthcare services network in Romania, with an ambitious expansion plan. He also stated that he had an interesting discussion with Mihai Marcu, reflecting on the 20 years of collaboration between IFC and MedLife.
Throughout time, IFC has provided essential support for the increase and expansion of MedLife, facilitating the opening of new hospitals, the expansion of the Group in the entire country and the consolidation of medical infrastructure at national level. By means of various forms of support provided - advisory, financing and involvement in shareholding - IFC has been a trustworthy and valuable partner throughout the growth and development path, joining MedLife during the financial crisis period in Romania, in its listing at the stock market and until today, when it owns 4.5% of the company's shares.
