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Outsourcing News : Article

Synevo labs: 5.6m euros business in H1

Synevo Romania, the laboratory network of the Medicover group, posted revenues worth 5.6 million euros in the first half of this year

Synevo Romania, the laboratory network of the Medicover group, posted revenues worth 5.6 million euros in the first half of this year, up 30% against the same time last year. The financial results are 10% higher than initial estimates released by the company.

"The results were primarily generated by the organic growth on the segment of private customers. Synevo's lab in Iasi, set up in 2006, which witnessed a strong growth and the opening of the lab in Timisoara, in April, following a 0.7 million-euro investment are all major factors that helped drive up revenues registered during this period," stated Virgil Ivan, general manager of Synevo Romania.

Read entire article on zf.ro

Posted: Tuesday, July 24, 2007

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