The Competition Council approved MedLife's takeover of Muntenia Hospital

The MedLife company announces the completion of the transaction to take over 99.76 percent of Muntenia Hospital, the largest hospital in Argeș County, after the approval of the Competition Council. Thus, the leader of the private medical services market in Romania consolidates its medical expertise in the hospital area and reaches a network of 16 hospitals nationwide.

"The partnership with Muntenia Hospital represents a continuation of our mission to bring together elite doctors and specialists from Romania, who, together with the latest generation technology and our locally acquired expertise, offer Romanians access to excellent medicine, here in the country," said Dorin Preda, Executive Director of MedLife Group.

With the completion of this transaction, MedLife becomes one of the biggest players in Argeș County. In addition to the acquisition of Muntenia Hospital, MedLife also has in progress the acquisition of the Provita group in the same segment of hospital services, which is being evaluated by the Competition Council.