INVESTMENT NEWS

Bulgarian City Clinic to invest BGN 200 million in construction of three hospitals


Bulgarian provider of healthcare services City Clinic starts an investment programme, which exceeds BGN 200 million. This foresees the construction of an oncological hospital in Sofia, expansion of the already existing hospital in Sofia with a new building, and the construction of a multi-profile hospital in Varna with over 150 beds, money.bg reports.

The investment fund Empower Capital, which distributes resources from the European Investment Fund (EIF), will also join the programme, making its first invesment in a Bulgarian company.

The first step is the investment of BGN 70 million for the construction of Oncological City Clinic centre in Sofia, with expectations that the medical facility will start treating its first patients by the end of 2015. The target is for City Clinic to become the largest provider of healthcare services in Bulgaria in the next three years.

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Bulgarian City Clinic to invest BGN 200 million in construction of three hospitals
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